What are everyone's thoughts on Jerome Powell being selected for a second term? And is Powell up to the challenge? In the coming years, the Fed will need to address inflation through monetary policy and open market operations.
Love it, love the man. Don't hate the player, hate the game.
@investmenttalk The Fed is in a tough position given that inflation is high, but the economy is still struggling a bit. I think Powell did a good job during the pandemic, but controlling inflation really needs to be addressed in some fashion. That is starting to be seen through BP increases on interest rates.