Archives of “Jerome Powell” tag

rss

Some members of US Congress want Fed Chair Powell sacked

  
  Analysis
#  #  #  #  #  #  #  #  #

This from three members of the US Congress, who seem confused about the remit of a central bank:

Via a Politico report:
  • Reps. Alexandria Ocasio-Cortez, Rashida Tlaib and Ayanna Pressley  … called for Federal Reserve Chair Jerome Powell to be replaced
  • “As news of the possible reappointment of Federal Reserve Chair Jerome Powell circulates, we urge President Biden to re-imagine a Federal Reserve focused on eliminating climate risk and advancing racial and economic justice”
Sounds great! I wonder should the Chair print more or less to hit these three added objectives though?
If Yellen was still Chair she’d know how to deal with these clowns.
This from three members of the US Congress, who seem confused about the remit of a central bank:

Jackson Hole agenda to be published later today, Thursday 26 August 2021

  
  Analysis
#  #  #  #  #

The Kansas City Federal Reserve symposium will be a ‘virtual’ affair, August  27 – 30.

We do know that the main event are opening remarks from Federal Reserve Chair Jerome Powell, due at 9 am CT/10 am ET/1400 GMT on August 27.
I posted on this earlier in the week, but for those who missed it, the full agenda will be made available at 7 pm US Central time (CT), which is 8 pm US ET on August 26
0000 GMT August 27
I’ll get the schedule of speakers and times posted once its made available in a little over 24 hours time.
Go to top