FOXNEWS The Journal Editorial Report November 27, 2021 20:02:00
Powell thing the backseat because he's the one who brought us to where we are now. we have inflation that looks like around 5%. powell thinks that is transitory, temporary and next year it's going to moderate. i think the fed has to take a couple of steps before we get there and that includes ending this bond buying program which has increased what they call accommodative position of the fed and eventually raising interest rates and we are going to have to see whether they land the plane without disrupting the economy. paul: want to get back to the fed in a minute but kim, let's talk about gas...