This Is Jerome Powell’s Shot at a Volcker Moment—in Reverse

Joe Weisenthal

21 Nov 2021, 12:10 AM IST

This Is Jerome Powell’s Shot at a Volcker Moment—in Reverse

Jerome Powell, chairman of the U.S. Federal Reserve, ata Senate committee hearing in Washington, D.C., on July 15, 2021. (Photographer: Al Drago/Bloomberg)

(Bloomberg Businessweek) -- The pundits are coming for the Federal Reserve and Chair Jerome Powell. Mohamed El-Erian, chief economic adviser to Allianz SE and a Bloomberg Opinion columnist, recently said the central bank has made one of the worst inflation calls in its history. Writing in the Financial Times, the economist Willem Buiter called on the Fed to abandon the more flexible inflation target it established last year. The Whi...

This Is Jerome Powell’s Shot at a Volcker Moment—in Reverse

This Is Jerome Powell’s Shot at a Volcker Moment—in Reverse

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