Jay Powell is trying to avoid the fate of a 1970s predecessor. Biden and Trump are making that harder

Fed Chair Jerome Powell is facing intensifying pressure as hotter-than-expected inflation complicates his coming interest rate decisions. The fact that both Joe Biden and Donald Trump weighed in this past week isn't making it any easier. The situation has a historical parallel: the acute…#jeromepowell #donaldtrump #arthurburns #austrian #federalreserve #charleslweise #stlouisfed #jamesbullard #richardnixon #trump
Source: Reuters: Health - Category: Consumer Health News Source Type: news