An Uncertain Economic Moment Poses a Big Test for the Fed
[ad_1] Just days after President Trump won the 2024 election, Jerome H. Powell, chair of the Federal Reserve, sidestepped a question about how the central bank would grapple with a toxic combination of high inflation, stagnating growth and rising unemployment. “The whole plan is not to have stagflation,” Mr. Powell told reporters. “Knock on wood, … Read more