The big problem of the Fed and Jerome Powell is even more complicated

Chairman of the Federal Reserve Jerome Powell finds himself in a position no central banker wants to be in: working to avoid a credit crunch, which calls for looser monetary policy, while fighting high inflation, which demands the opposite.

Copyright ©2023 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Leave a Comment