❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now
Powell on wages, transparency and independence at the Fed
Jul 12, 2018

Powell on wages, transparency and independence at the Fed

HTML EMBED:
COPY

Jay Powell's been the chairman of the Federal Reserve for about five and a half months. His office in the Federal Reserve Building on Constitution Avenue is still getting put together, but he's already put his mark on the central bank and chatting with us today is part of that. We talked about transparency, trade disputes and stagnant wages, but he wasn't able to talk about inflation. The numbers came out just minutes after our conversation ended, and they showed consumer prices are growing faster year over year than they have since 2012. We talk about what that means for the Fed and for you.


Jay Powell’s been the chairman of the Federal Reserve for about five and a half months. His office in the Federal Reserve Building on Constitution Avenue is still getting put together, but he’s already put his mark on the central bank and chatting with us today is part of that. We talked about transparency, trade disputes and stagnant wages, but he wasn’t able to talk about inflation. The numbers came out just minutes after our conversation ended, and they showed consumer prices are growing faster year over year than they have since 2012. We talk about what that means for the Fed and for you.