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#jaypowell — Public Fediverse posts

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  1. #JayPowell sent senators details on $2.5bn Fed project following testimony ft.com/content/1df72693-a510-4

    Completely undermines the storyline the #DOJ is telling

  2. @SeanCasten here's the pdf transcript of #JayPowell's #federalReserve speech

    "This is about whether the Fed will be able to continue to set interest rates based on
    evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation."

    federalreserve.gov/newsevents/

  3. Fed’s Cook Says She Won’t Be Bullied Into Stepping Down

    Federal Reserve Governor Lisa Cook signaled her intention to remain at the central bank, defying calls for her resignation by President Donald Trump ov…
    #dining #cooking #diet #food #Cooking #BillPulte #california #DonaldJohnTrump #economics #federalreserve #inflation #JayPowell #JusticeDepartment #Mortgages #Politics #socialmedia #U.S.Democrats
    diningandcooking.com/2242464/f

  4. 1 CIBC: Some good news for #JayPowell for a change – #pricepressures remained subdued in April, coming in a tick below consensus. #Core #CPI prices rose 0.24% m/m in the month and the three-month annualized #coreCPI came down almost a percentage point to 2.1%. 🧵 #inflation #USEconomy #Fed

  5. “..but Powell was a member of the firm’s powerful investment committee and participated in all the firm’s U.S. buyout activities. His affinity for the private equity world would become clear in 2020 when under his tutelage, the Federal Reserve would announce an unprecedented program to buy $750 billion of corporate bonds, shoring up the market that is crucial for the privateers.”
    These Are the Plunderers
    Gretchen Morgenson & Joshua Rosner
    #privateEquity #bookstodon #nonfiction #jayPowell