Warren Slams Jerome Powell Over Interest Rate Comments I M Very Concerned That The Fed Is Going To Lead This Economy Into A Recession
“There’s nothing in raising interest rates, nothing in Jerome Powell’s tool bag that directly deals with them, and he’s admitted as much in congressional hearings when I’ve asked him about it,” the senator continued, adding: “You know what’s worse than high prices and a strong economy? It’s the high prices and millions of people out of work.” “I’m very concerned that the Fed is going to lead this economy into a recession,” said Warren, who earlier this year opposed Powell’s reappointment to head the Fed....