Spotlight: Why Is The Fed Trying To Create Inflation?
Chairman Jerome Powell of the Federal Reserve recently announced that the central bank would allow inflation to go above 2% as long as the “long-term” average is 2%. What does this mean for you? Steve Forbes on the Fed’s new policy, why they are trying to create inflation and the economic destruction this approach could cause.
Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.