- For abonnenter
2022 shattered economic forecasts. Can the Fed get 2023 right?
In his last public remarks in 2021, Federal Reserve Chair Jerome H. Powell offered a blunt message: "No one knows with any certainty where the economy will be a year or more from now."
He was spot on.
As the months ticked by this year, Powell and his colleagues at the Fed got plenty of other details wrong. Officials