Jerome Powell: The New Volcker Wannabe And His Trials Ahead

Based on our own experience back in the day, we were inclined until recently to paraphrase Senator Lloyd Bentsen’s famous quip during his 1992 vice-presidential debate with Dan Quayle, I knew Paul Volcker and Jerome Powell ain’t no Paul Volcker! But Powell is starting to make a pretty good imitation. As a Dutch economist named […]
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