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Breakingviews - Powell is leader of the free world – for now

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Breakingviews - Powell is leader of the free world – for now

As of early February, Joe Biden had never phoned up Jerome Powell. Yet the U.S. President's bid to win a second term next year resides, in part, on how the chair of the U.S. Federal Reserve deals with high inflation and a banking crisis. As former President Donald Trump will attest, Powell will do what he thinks is right. But that may not stop Biden wishing he could push the Fed to do what's politically expedient, especially given the economic predicament Powell is in.

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Breakingviews - Powell is leader of the free world – for now

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Breakingviews - Powell is leader of the free world – for now

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