The "Fed's spokesperson" Nick Timiraos stated on social media that when people ask me about various internet rumors, my first reaction is to ignore them. But for those who are genuinely curious whether the Fed Chair will go back on his repeatedly emphasized commitment (which is to complete his term as Chair, with only 10 months remaining), I recall how Powell answered questions about "jumping on the lifeboat" six years ago. The reason I included his response in my book is that it was the most definitive statement: "Under no circumstances would I ever voluntarily leave this job before my term ends. Absolutely not. You will not see me jump on the lifeboat. I can't imagine any situation that would prevent me from completing my term, unless I die."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)