Yes. My actual quote: "I was actually happy to see how Chair Powell's Jackson hole speech was received. People now understand the seriousness of our commitment to getting inflation back down to 2%."
As I have said, the signal to noise ratio on twitter seems to decline by the day.
@neelkashkari
Why are you happy about wealth being depleted? Supply chain issues and high energy costs are major factors in today's inflation. How does creating more unemployment or crushing equities help us?
@neelkashkari
Any thoughts on Fed officials getting dragged before congress to be berated by politicians?
Do you think this undermines central bank independence?
@neelkashkari
The Fed balance sheet is effectively the worlds largest S&L and is about to go negative carry. We will see how serious you are soon enough.
@neelkashkari
@michaelsderby
Sadly seems you have all underestimated the likelihood of deflation two years out which historically is the most likely outcome.
@bankofengland
is forecasting with 55% probability that cpi will be <1% in 2024 with avge monthly changes from 2012-2019 us cpi hits 2% next June
@neelkashkari
Oh man...this guy is part of that group? So he is assuming that market is down, so message is well received by people? God only can save us.