Jerome Powell waits to testify before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the US Federal Reserve in Washington on November 28, 2017. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Jerome Powell faces a ‘poisoned’ scenario no central banker would envy

The new chairman of the Federal Reserve will need to take an aggressive stance to win back market confidence or risk accusations of being behind the curve

TOP PICKS

Jerome Powell waits to testify before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the US Federal Reserve in Washington on November 28, 2017. Photo: Reuters
READ FULL ARTICLE