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DrScopeify
Bloomberg Television
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Comments by "DrScopeify" (@drscopeify) on "Fed's Powell: Don't See 2% Core Inflation Before 2025" video.
He said at 0:22 second mark, NO. Listen to that question and answer
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That's not how it works. Listen to Her question again at 0:22 second mark, she asked him if the rates will remain high for a very long time, he said no. The FED will probably begin lowering rates very slowly depending on the data in the 1974 cycle it took them 2 years of very slow rate cuts.
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