Jerome Powell isn’t the Fed chair, but he is still on the Board of Governors and has issued four dissents, though he has traditionally not gone over one dissent. No one has gone to four dissents since 1992. Powell had the lowest dissent rate of any Fed chair since 1978. President Trump won’t be happy. Jerome continues to weigh in as the opposition.
Powell opened the door to rate cuts as inflation threatens to exceed 4%.
Read Full Article: https://www.independentsentinel.com/uh-oh-jerome-issues-4-dissents-rate-hikes-threaten/
