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Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates
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Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates

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The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him.

At a congressional hearing in June, Jerome H. Powell touched briefly on his goals for his final year at the helm of the Federal Reserve. “All I want to do in what’s left of my time at the Fed is to have the economy be strong, have inflation be under ... [1812 chars]

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Source: The New York Times

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