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
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For further reading:
Is Jay Powell lucky or good?
Remain calm
Martin Sandbu’s column: A self-congratulatory inflation narrative at Jackson Hole
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Read a transcript of this episode on FT.com
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