Overseas Headlines- October 10, 2018
Rachel Kirlew 2018-10-10T14:05:37-05:00Date: October 10, 2018 United States: Powell Places Risky Bet as He Stokes Too-Good-to-Be-True Economy Federal Reserve Chairman Jerome Powell is pinning his hopes of stopping the U.S. economy from overheating on a variable that a former colleague called “the most significant unobservable of all:” inflation expectations. In recent public appearances, Powell has argued that