Commentary
The hawkish tone of Federal Reserve Chairman Jerome Powell on Aug. 26 was unequivocal.
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, on July 27, 2022. Elizabeth Frantz/Reuters
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
