The Fed Is Worried. Don't Be Fooled By Powell's False Confidence | Axel Merk

A few days ago, the Federal Reserve Open Market Committee released its latest policy decision, followed by a press conference by Fed Chair Jerome Powell. The Fed kept interest rates unchanged, and reiterated that it thinks it's making good progress getting inflation under control while protecting the jobs market. Soon after Powell's conference, in a live event available only to Thoughtful Money’s premium Substack subscribers, noted Fed-watcher Axel Merk gave his breakdown of the Fed’s latest guidance, and then fielded live Q&A from viewers. Here’s the replay video of that discussion with Axel. Enjoy!

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