Powell risks his legacy - could lead to a steep recession or stagflation

By June 2019, unemployment reached 3.6% but Powell let President Donald Trump bully him into stopping the tightening process. 

Now economists at the Biden White House have a preference for accommodative policies, and Powell is up for reappointment.

MarketWatch 8 September 2021

https://www.marketwatch.com/story/powell-risks-his-legacy-if-he-doesnt-start-tapering-soon-11631044599


Kommentarer

Populära inlägg i den här bloggen

Cognitive blind spots

Martin Wolf; The next crash - Why this time might not be different

27 juli. Oman. Yemen. Fallande oljepris. Wildfire threatens Bordeaux. Dance While The Music Still Goes On. Huawei.