As Jay Powell’s Federal Reserve contemplates making the primary rate of interest reduce in additional than two years, we’re taking a step again with the FT’s US monetary commentator Robert Armstrong. How did Powell tame inflation with out crashing the economic system? And the way may historical past choose his management?
Clips from Related Press
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For additional studying:
Martin Sandbu’s column: A self-congratulatory inflation narrative at Jackson Hole
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On X, comply with Robert Armstrong (@rbrtrmstrng) and Michela Tindera (@mtindera07), or comply with Michela on LinkedIn for updates concerning the present and extra.
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