The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
New York NY, Federal Reserve Chair Jerome Powell expressed confidence Wednesday that the central bank will remain independent under the incoming administration of President-elect Donald Trump. Speaking at the New York Times DealBook Summit, Powell addressed concerns over potential political interference in the Federal Reserve’s decision-making processes.
Continue reading Fed Chair Powell Confident in Central Bank’s Independence Amid Transition
the staff of the Ridgewood blog
Washington DC, the FED Chair goes rogue during an interview for 60 Minutes, Federal Reserve Chair Jerome Powell underscored the urgency of addressing the United States’ escalating national debt, which currently stands at over $34 trillion and continues to rise. Powell emphasized the unsustainable fiscal trajectory of the U.S. federal government, noting that the debt is growing at a faster pace than the economy.
Continue reading FED Chair Goes Rogue Says the National Debt Poses a Long-term Threat to the Economy
