Breitbart Business Digest: Getting Inside Jerome Powell’s Brain
The market may be disappointed that Federal Reserve Chairman Powell turns out to be more Paul Volcker than Arthur Burns in staying the course in his inflation fight.
The market may be disappointed that Federal Reserve Chairman Powell turns out to be more Paul Volcker than Arthur Burns in staying the course in his inflation fight.
A formerly-confidential memo from half a century ago suggests that the Federal Reserve may have a failsafe in the event of a protracted debt ceiling fight.
The world’s greatest inflation fighter has died.
“The president is ordering you not to raise interest rates before the election.”
In breaking with the Rubin Rule, Trump is harkening back to the tactics of President Ronald Reagan, a frequent Fed critic.