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:
Is Jay Powell lucky or good?
Remain calm
Martin Sandbu’s column: A self-congratulatory inflation narrative at Jackson Hole
– – – – – – – – – – – – – – – – – – – – – – – – – –
On X, follow Robert Armstrong (@rbrtrmstrng) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.
Want to hear more from Rob? Listen to the Unhedged podcast.
Read a transcript of this episode on FT.com
View our accessibility guide.
Source: Economy - ft.com
