Warren steps up criticism of Powell following rate hike, says he is ‘dangerous’ to serve as Fed chair ...Middle East

Sen. Elizabeth Warren (D-Mass.) stepped up her criticism of Federal Reserve Chairman Jerome Powell following the Fed’s most recent interest rate hike Wednesday, saying that he is a “dangerous man” to serve in his role.  Warren told CNN’s Jake Tapper in an interview that Powell is doing a “terrible job” in his position and is risking sending the economy into a recession with the Fed’s continuous interest rate increases.  “I think he’s a dangerous man to have in this job,” she said.  Warren’s denunciation of Powell came after the Fed announced earlier in the day that it is raising interest rates for the ninth consecutive time, ticking the baseline range up 0.25 points to a range of

Hence then, the article about warren steps up criticism of powell following rate hike says he is dangerous to serve as fed chair was published today ( Thursday 23/03/2023 - 01:48 AM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Warren steps up criticism of Powell following rate hike, says he is ‘dangerous’ to serve as Fed chair )

Also on site :

• A Dead Character's Live Text, Justin Trudeau, and a Pity Party: Inside the 'Firefly' Announcement Panel
• Lea Michele Shares Why Recording ‘Nobody’s Side’ From Broadway’s ‘Chess’ Was ‘One of The Most Incredible Moments’ Of Her Career
• Ubisoft are ending game development at long-time Tom Clancy studio Red Storm with 105 staff laid off, according to reports