As Jay Powell’s Federal Reserve contemplates making the first interest rate cut in more than two years, we’re taking a step back with the FT’s US financial commentator Robert Armstrong. How did Powell tame inflation without crashing the economy? And how might history judge his leadership?
Clips from Associated Press
For further reading:
Martin Sandbu’s column: A self-congratulatory inflation narrative at Jackson Hole)
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Read a transcript of this episode on FT.com) Hosted on Acast. See acast.com/privacy) for more information.