NVS/iStock via Getty Images Written by Sam Kovacs Introduction: Mr Powell and I usually disagree Mr Powell and I haven't always seen eye for eye. In his latest speech at the Jackson Hole symposium, Mr Powell defended his 2021 call that inflation was transitory, saying: The good ship Transitory was a crowded one, with most mainstream analysts and advanced-economy central bankers on board Maybe the lesson was that most mainstream analysts and the "advanced-economy" --whatever that means-- bankers didn't k ...