Jerome Powell As The Next Arthur Burns Or Benjamin Strong

Published: Aug. 11, 2022, 12:41 a.m.

b'"The CPI number is all that matters. Fed chair Jerome Powell has a choice of becoming the next Arthur Burns or Benjamin Strong due to the U.S. fiscal situation. The Federal Reserve is in a delicate time as they need to fight inflation, but they cannot overdo it and have U.S. tax receipts roll over," says Luke Gromen.'