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If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.
Powell went on to advise that Bush take his case to the United Nations in order to lock down international support, knowing that failure to get it could mean averting a war, Woodward reported.
Mohamed El-Erian has slammed Powell's Fed again, saying it'll be remembered more for the bad than the good. The central bank will likely be remembered more for damaging its own credibility than ...
During his confirmation hearing, Powell blamed the Fed’s inflation call on two central issues: lingering supply chain problems and a slow return of workers to the jobs market.
Trump reportedly is considering naming a "shadow chair" until the current occupant, Jerome Powell, leaves office next year, in an attempt to pressure the Fed into cutting rates.
Trump reportedly is considering naming a "shadow chair" until the current occupant, Jerome Powell, leaves office next year, in an attempt to pressure the Fed into cutting rates.
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