Fed Chairman Powell Sees No Need to Change Rate Policy

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'Our interest-rate policy is in a very good place right now,' Fed Chairman Jerome Powell said in a '60 Minutes' interview

Federal Reserve Chairman Jerome Powell said the U.S. economic outlook is favorable and that the economy doesn’t require higher or lower interest rates now. “Our interest-rate policy is in a very good place,” he said during a rare television interview broadcast on CBS Sunday night.

 

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He went from far away from neutral - talking about 6 or so rate hikes which caused the market volatility and retail sales to slow - to now we’re in a good place. This idiot has no credibility and we should be thankful he didn’t screw up anymore in the interview.

Because the fraudulent banks that run our federal reserves are still rich from the last crash they caused(and the crash before that and the crash before that) all the way back to the illegally passed FEDERAL RESERVE ACT by a few paid off dems,, screwing this country every since!

he is wearing a dog collar and Wall Street has firm hold of leash. weakling

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