What did Jerome Powell's inflation speech really mean? | TNC (E56)
What did Jerome Powell's inflation speech really mean? | TNC (E56)
LIVE EPISODE
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On March 17, 2021, Jerome Powell, the Federal Reserve Chairman, held a press conference to discuss the Fed’s decision on interest rates and what it means for inflation moving forward into 2021. Some of you may or may not be aware that there are mounting worries about inflation increasing due to the money being created for the stimulus programs in the United States over the past year. The last stimulus bill totaled roughly $1.9T dollars.
In today’s episode, we will break down Jerome Powell’s speech and will make it easy for you to understand what it means and what you should expect with inflation moving forward. This is something everyone should be paying attention to because higher inflation means your money will be worthless as time goes on. We’ll also tell you how you can prepare and save in alternative assets that will retain value. Tune in to our LIVE episode to learn more!