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

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

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