The Importance of Jay Powell's Reappointment

The Euro dropped from $1.22 to $1.19 like in two days and that has never recovered since then. He's on a mission to get inflation as close to 2% as he possibly can, but it's going to be a very tough thing to do without a significant rise in unemployment. But I think Powell's willing to take that. I think he's, he gets back to the Volcker thing. And this is just another, well, I'll leave it there.