Federal Reserve chair Jay Powell. (Image source: Getty images/File)
Robert Armstrong and Ethan Wu This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. We are generally admirers of Jay Powell’s press conferences. We think he is about as plain-spoken and direct as a person in his position can be. Yesterday, though, his subject matter got the better of him. At this point, the US economy is so weird that it defies plain speaking....