Jerome Powell's 'Data Dependence' Approach Criticized By Fundstrat's Tom Lee: 'It's The Reason They Missed The Inflation Turn'

Tom Lee, managing partner at Fundstrat Global Advisors, criticized the Federal Reserve's reliance on data for its decision-making, particularly regarding inflation. This approach, he argued, has caused the Fed to miss crucial opportunities to address inflation, potentially leading to a repeat of the same mistakes. read more

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