Fed's focus less on "journey" than on destination, but can only fly this plane looking in the rear-view mirror

Posted by bubah1mau 4 months, 3 weeks ago to Economics

...so the eventual "destination" they wind up with might be something considerably different than what they expected--just like the black-swan iceberg that sunk the Titanic. Only that captain was presumably trying to look forward (as best as he could), not simply guided by charts of past events.

SOURCE URL: https://www.breitbart.com/economy/2022/11/02/breitbart-business-digest-the-journey-matters-less-than-the-destination-for-powells-fed/