Center for Economic & Policy Research Statement: President Biden Makes the Right Call on Powell and Brainard
November 23, 2021
November 23, 2021
WASHINGTON, Nov. 23 (TNSPol) -- The Center for Economic and Policy Research issued the following agency statement:
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President Biden made the right decision in reappointing Jerome Powell as chair of the Federal Reserve Board. Powell has fundamentally changed the focus of the Fed from an excessive concern with inflationary risks to a more balanced approach that recognizes the Fed's mandate to pursue full employment.
Because of Powell's approach . . .
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President Biden made the right decision in reappointing Jerome Powell as chair of the Federal Reserve Board. Powell has fundamentally changed the focus of the Fed from an excessive concern with inflationary risks to a more balanced approach that recognizes the Fed's mandate to pursue full employment.
Because of Powell's approach . . .