This Is What It Sounds Like When Doves Laugh “It would be premature to conclude with confidence that we have achieved a sufficiently restrictive stance, or to speculate on when policy might ease.” Fed Chairman Jerome Powell spoke those words on December 1 at a fireside chat at Spelman College. The markets rejected that idea
Chris Whalen: Collapse of Silicon Valley Bank ‘Goes to the Feet of Jerome Powell’ and Federal Reserve
April 6, 2023 by
Chris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell for the failure of Silicon Valley Bank (SVP) in a Friday interview on Forward Guidance with host Jack Farley. The Federal Reserve’s raising of interest rates “rendered the bank insolvent,” Whalen remarked. He said: Rising rates cause book value to go down
President Donald Trump Nominated Jerome Powell as Chairman of the Federal Reserve .
December 5, 2017 by
Jerome Hayden Powell was born on February 4, 1953 in Washington, D.C. On November 2, 2017, President Donald J. Trump nominated Jerome (Jay) Powell to serve as the 16th chairman of the Federal Reserve. He served as a member of the Federal Reserve Board of Governors since 2012. Previously, Powell worked in several globalists Wall […]