Clearing Up the Inflation Target Misinformation

Video of Jerome Powell Jackson Hole speech: https://www.youtube.com/watch?v=PZdOFw-gTo8Speech Transcript: https://www.federalreserve.gov/newsevents/speech/powell20250822a.htmVideo on the impact rates cuts have on stocks: https://youtu.be/rSpVmpiUTTMVideo on the Petrodollar Agreement: https://youtu.be/XK8DQEyXODUThis past Friday we had rumours circulate that Federal Reserve Chair Jerome Powell had abandoned the bank's 2% inflation target. Today, we dive into what ACTUALLY happened at the Jackson Hole address.If you'd like to support the channel, you can do so at https://www.patreon.com/c/ThePlainBagel :)DISCLAIMER:This channel is for education purposes only and is not affiliated with any financial institution, although Richard does work as an employee for an investment manager. Richard Coffin does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers Learn more about your ad choices. Visit megaphone.fm/adchoices