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The case against Jerome Powell’s ‘reign of error’
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Page Array – World Tribune: U.S. Politics and Culture, Geostrategy, China, North Korea, Corporate Watch, Media Watch
If Trump says “ying,” Powell says “yang.”Last week Powell finally lowered the federal funds rate, and better late than never.
Powell also never mentioned that real household incomes are up $1,100 for the first seven months of 2025.
Powell’s defenders counter any criticism of the Fed by reflexively arguing that the central bank should be independent.
Under Powell’s reign of error, the central bank has been neither.
The good news is, at least he will be gone in seven months.
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