Federal Reserve chair Jerome Powell prepares for a House Financial Services Committee hearing in Washington on December 2 last year. The Fed’s ultra-loose monetary policy settings remain the order of the day even though they may have undesired side-effects. Photo: Reuters
Federal Reserve chair Jerome Powell prepares for a House Financial Services Committee hearing in Washington on December 2 last year. The Fed’s ultra-loose monetary policy settings remain the order of the day even though they may have undesired side-effects. Photo: Reuters