Yik Yak icon
Join communities on Yik Yak Download
What are your thoughts on Jerome Powell
#poll
Good
Bad
Idk who he is
106 votes
upvote 1 downvote

default user profile icon
Anonymous 4w

Indifferent, he’s chill

upvote 3 downvote
default user profile icon
Anonymous 4w

He's the fed chairman, he just announced they're cutting interest rates for banks. Raising rates is a way for them to combat inflation and is usually done when the economy is forecast to be bad. They cut rates when they speculate the economy's going in the right direction. So people think he's too optimistic

upvote 1 downvote
default user profile icon
Anonymous 4w

He’s hawt

upvote 1 downvote
default user profile icon
Anonymous replying to -> OP 4w

If anyone knows this better than I do and I got it completely wrong, do call me out 😭

upvote 1 downvote
default user profile icon
Anonymous replying to -> OP 4w

You’re right but there’s also a inverse relationship between employment and inflation, so fed’s job is to try to strike that balance. Can also change the influence of the dollar’s cost internationally.

upvote 1 downvote