Yulia Slavina

Legacy of missing inflation target for over 5 years, Joe Weisenthal discusses

Legacy of missing inflation target for over 5 years, Joe Weisenthal discusses
Fed faces years-long inflation miss

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., shared insights from a recent conversation with Adam Posen on central banking and the U.S. Federal Reserve.

The discussion covered topics such as the state of the economy, the Federal Open Market Committee's high level of consensus, and Jerome Powell's legacy, which included missing the inflation target for over five years.

Weisenthal has previously reported on equity moves, including when shares of Scotts Miracle-Gro rose after an endorsement by President Donald Trump. He has also covered developments in corporate governance, such as Mamdani's formation of a business panel with former bankers from UBS, Lazard, and Bank of America. These reports provide additional context to his ongoing coverage of financial decision-makers and market events.

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