Trump taps Powell for Fed to oversee economy fraught with risks

[EvilEyeFleegle]

Chairman of the Fed..in a times of growth and prosperity..should be an easy job, right?

Trump taps Powell for Fed to oversee economy fraught with risks

"Jerome Powell, nominated by President Donald Trump on Thursday to be the next Federal Reserve chairman, is set to take the reins of the world’s most important central bank when the U.S. economy is rolling along at a pace he’ll be under pressure to sustain.

Growth is accelerating, inflation is tame and unemployment is the lowest in 16 years. Such a backdrop should initially enable a new Fed chairman to keep gradually raising interest rates from historic lows with the aim of stretching out what is already the third-longest U.S. upswing."

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship:

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship

"Jerome Powell, the president’s pick to be the next chairman of the Federal Reserve, is not a trained economist. That makes him the first leader of the Fed without an economics degree since the late 1970s.

“It is a hole in his resume,” said Ward McCarthy, chief financial economist at Jefferies."

 

[Crixus]

Chairman of the Fed..in a times of growth and prosperity..should be an easy job, right?

Trump taps Powell for Fed to oversee economy fraught with risks

"Jerome Powell, nominated by President Donald Trump on Thursday to be the next Federal Reserve chairman, is set to take the reins of the world’s most important central bank when the U.S. economy is rolling along at a pace he’ll be under pressure to sustain.

Growth is accelerating, inflation is tame and unemployment is the lowest in 16 years. Such a backdrop should initially enable a new Fed chairman to keep gradually raising interest rates from historic lows with the aim of stretching out what is already the third-longest U.S. upswing."

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship:

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship

"Jerome Powell, the president’s pick to be the next chairman of the Federal Reserve, is not a trained economist. That makes him the first leader of the Fed without an economics degree since the late 1970s.

“It is a hole in his resume,” said Ward McCarthy, chief financial economist at Jefferies."

Well, the fellas who got us in this mess didn't have holes in their resumes. So can this guy really mess it up anymore ?

 

[EvilEyeFleegle]

Chairman of the Fed..in a times of growth and prosperity..should be an easy job, right?

Trump taps Powell for Fed to oversee economy fraught with risks

"Jerome Powell, nominated by President Donald Trump on Thursday to be the next Federal Reserve chairman, is set to take the reins of the world’s most important central bank when the U.S. economy is rolling along at a pace he’ll be under pressure to sustain.

Growth is accelerating, inflation is tame and unemployment is the lowest in 16 years. Such a backdrop should initially enable a new Fed chairman to keep gradually raising interest rates from historic lows with the aim of stretching out what is already the third-longest U.S. upswing."

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship:

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship

"Jerome Powell, the president’s pick to be the next chairman of the Federal Reserve, is not a trained economist. That makes him the first leader of the Fed without an economics degree since the late 1970s.

“It is a hole in his resume,” said Ward McCarthy, chief financial economist at Jefferies."

Well, the fellas who got us in this mess didn't have holes in their resumes. So can this guy really mess it up anymore ?

What mess...I mean...if we are talking about the economy..it's doing pretty good at the moment. Politically, things are a shambles..I'll give you that.
It's my biggest gripe about the tax plan...there is NO need for a tax cut stimulus--in fact, it may actually be bad. As in inflationary.

Yes...there are always people who get left behind, those who are economically disenfranchised..but overall...times are good right now.

 

[Crixus]

Chairman of the Fed..in a times of growth and prosperity..should be an easy job, right?

Trump taps Powell for Fed to oversee economy fraught with risks

"Jerome Powell, nominated by President Donald Trump on Thursday to be the next Federal Reserve chairman, is set to take the reins of the world’s most important central bank when the U.S. economy is rolling along at a pace he’ll be under pressure to sustain.

Growth is accelerating, inflation is tame and unemployment is the lowest in 16 years. Such a backdrop should initially enable a new Fed chairman to keep gradually raising interest rates from historic lows with the aim of stretching out what is already the third-longest U.S. upswing."

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship:

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship

"Jerome Powell, the president’s pick to be the next chairman of the Federal Reserve, is not a trained economist. That makes him the first leader of the Fed without an economics degree since the late 1970s.

“It is a hole in his resume,” said Ward McCarthy, chief financial economist at Jefferies."

Well, the fellas who got us in this mess didn't have holes in their resumes. So can this guy really mess it up anymore ?

What mess...I mean...if we are talking about the economy..it's doing pretty good at the moment. Politically, things are a shambles..I'll give you that.
It's my biggest gripe about the tax plan...there is NO need for a tax cut stimulus--in fact, it may actually be bad. As in inflationary.

Yes...there are always people who get left behind, those who are economically disenfranchised..but overall...times are good right now.

I been doing good since it all started ,soooo.