On the recordJuly 20, 2025
So this notion that Jay Powell is unilaterally stopping a decline in interest rates, which, by the way, in the face of upticking inflation, which we're seeing, would be absolutely bananas.
Source
cbsnews.comSo this notion that Jay Powell is unilaterally stopping a decline in interest rates, which, by the way, in the face of upticking inflation, which we're seeing, would be absolutely bananas.
On the Federal Reserve's decision-making process.
Share
More from Jim Himes
Otherwise, we can only assume that this is another politically motivated decision intended to create an atmosphere of fear.
My God, we’re the United States of America, right? We care — or at least we used to care — about democratic norms.