Can the Fed's chair shake off the wolves of Wall Street and White House?



Below is an extract of a post published on Guardian titled "Can the Fed's chair shake off the wolves of Wall Street and White House?"

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What counts is not necessarily the size of the dog in the fight. It's the size of the fight in the dog.
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The best executive is the one who has sense enough to pick good men to do what wants done, and self-restraint to keep from meddling with them while they do it.
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Via: Guardian

Trump may howl for stimulus but the put-upon Fed Reserve chair Jerome Powell has his hands tied Donald Trump is not known for his love of 12th-century English history but there are echoes of the clash between Henry II and Thomas Becket in the president’s troubled relationship with Jerome Powell, chair of the Federal Reserve. If Powell feels beleaguered as he prepares to make the most important speech in his 18 months in the job, on Friday, then that’s hardly surprising. The world’s most powerful banker has Wall Street and the White House on his back, both howling for more stimulus. Related: Trump raises pressure on Federal Reserve to cut interest rates Continue reading…


Can the Fed's chair shake off the wolves of Wall Street and White House?

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