Jerome “Jay” Powell was added to the Federal Reserve Board in May 2012. Quite an auspicious time to be thrown into things, Powell had avoided the “unexpected” liquidity crisis of 2011 but he did have to deal with its aftermath. By September of 2012, the Federal Reserve was once again debating yet more QE; a…
The post Welcome Jay Powell, The Circular Hawk was originally published at The Wall Street Examiner. Follow the money!