Powell on “60 Minutes”

Jay Powell was interviewed on “60 Minutes.” You can see the interview here. I think he did a pretty good job. It’s always a bit nerve-wracking when the major media ventures into monetary policy.

The Fed has become more transparent in recent years. It’s still pretty opaque but this is better than how it used to be. Powell is a lawyer and he does a much better job with communications than his predecessors who were academics. There’s a lesson in that.

Posted by on March 10th, 2019 at 11:47 pm


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