I’m seeing a lot of love for Jerome Powell here, sure he might be doing alright now, but is it not true that they completely botched the Covid era - say 2020-2022?
Rates should never have been dropped and held that long, they should have started raising rates well before they did.
Inflation has basically wrecked the standard of living for half of us because of that
I thought this was pretty common knowledge and inflation was not in fact transitory.