Fed Chair Jerome Powell—Haunted By The Ghost Of Paul Volcker—Could Tank The Economy

Economists increasingly fear the Fed is now pushing the U.S.—and world–into a deeper than needed recession, risking millions of jobs and market stability. During Volcker’s reign, unemployment stayed above 10% for nine straight months and the mortgage rate hit nearly 17%. S ome months after Jerome Powell became Federal Reserve Chair in early 2018, the…

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