Recent remarks by Jay Powell and by prominent economists reveal the fundamental problem with Federal Reserve monetary policy. Larry Summers and Paul Krugman agree that the Federal Reserve policy must be flexible in coming months, and that the Fed must not signal its intentions until the last possible moment
Jay Powell; policy Virtuoso or Charlatan?
Jay Powell; policy Virtuoso or Charlatan?
Jay Powell; policy Virtuoso or Charlatan?
Recent remarks by Jay Powell and by prominent economists reveal the fundamental problem with Federal Reserve monetary policy. Larry Summers and Paul Krugman agree that the Federal Reserve policy must be flexible in coming months, and that the Fed must not signal its intentions until the last possible moment