Federal Reserve Chair Jerome Powell, nearing the end of his second four-year term as the chairman of America’s central bank, seems exhausted with the spotlight. After months of being badgered by President Donald Trump to cut interest rates, to having the tone of his “good afternoon” hyper-analyzed by “Fed watchers,” Powell has a message for the markets, the media, and the political class: Calm down.
Powell spent the last part of his discussion at the Greater Providence Chamber of Commerce Tuesday reflecting on the central bank’s visibility and whether its role is being blown out of proportion.
