What to expect from a potential second Powell term
Clip: 11/22/2021 | 6m 30sVideo has Closed Captions
A second Powell term will make economy run 'hotter,' expert says. Here's what that means
President Joe Biden nominated Jay Powell for a second term as Federal Reserve chairman Monday. While U.S. job growth has been better than expected, inflation is at its highest in decades. Both are concerns Powell, and Lael Brainard as vice chair, will have to balance if confirmed. David Wessel of the Brookings Institution joins Judy Woodruff with more details.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
What to expect from a potential second Powell term
Clip: 11/22/2021 | 6m 30sVideo has Closed Captions
President Joe Biden nominated Jay Powell for a second term as Federal Reserve chairman Monday. While U.S. job growth has been better than expected, inflation is at its highest in decades. Both are concerns Powell, and Lael Brainard as vice chair, will have to balance if confirmed. David Wessel of the Brookings Institution joins Judy Woodruff with more details.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...