The Fed Just Admitted Prices are Permanently Higher

<p>In this video, we cover the main highlights from the FOMC Press Conference that took place July 28. There were a few surprises out of this meeting, one of which I've been predicting for a while. First, they are now officially setting up two standing repo facilities. Second, Powell defined "transitory" as referring to the rate of change, not the absolute price level.</p> <p> </p> <p>iTrustCapital https://bit.ly/itrstcptl</p>