Exploring the complexities and challenges faced by the Federal Reserve in managing inflation and recession concerns amidst political pressures during an election year, highlighting Jerome Powell's cautious and strategic decision-making approach.
Federal Reserve Chair Jerome Powell is trying to navigate a tricky economy – stubborn inflation and persistent fears of a recession. Now, two men hoping for a second term in the White House are drawing the central bank into the political fray.
“We can expect that things are going to get a little spicy,” Bloomberg’s Kate Davidson, who covers the Fed, joins the Big Take DC podcast to talk about the battle to maintain the central bank’s independence in the glare of 2024.
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