Forget about a soft landing. Federal Reserve chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.
Quoteworthy: "You’re just sitting around in this beta state, consuming stuff" — Mark Zuckerberg, founder of Meta Platforms, on watching TV; he views VR and the metaverse as “alpha” products
Powell aims for ‘growth recession’
