After thinking about my prior Rant today, "Absent A Black Swan Event, Inflation Will Eventually Come Down.”, I have one more thought to share with you.
Whenever a Federal Reserve President speaks publicly, what he says has been well chosen words put together by a wordsmith. Its purpose is to instill confidence in the economy, deflect any blame and protect the Federal Reserve.
The comment delivered by Fed. Reserve President Harker sounded more to me like Judas returning to the Apostles bragging about giving Christ the kiss of death!
P. S. Unless Harker dies in the next two days in a one car crash, I believe his statements was a group statement from the Federal Reserve.