Powell's Fed Chairmanship: 65 Months of Above-Target Inflation and Burns Comparison

During Jerome Powell's tenure as Fed Chair, inflation has remained above the Fed's 2% target for 65 consecutive months.

This period is being compared to the tenure of Arthur Burns, who chaired the Fed during the 'Great Inflation' of the 1970s. Bloomberg's Joe Wiesenthal highlighted this figure in remarks by new Fed Chair Kevin…