After downplaying the threat of rising prices, Federal Reserve Chairman Jerome Powell is now portraying himself as a fierce, sure-handed inflation fighter. But the core question is straightforward: Does Powell know how to do the job without throwing a wrench into the economy and sending it into a recession? Steve Forbes on Powell’s plans to curb inflation and on what he might be missing when it comes to the true nature of inflation.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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