hudsonrivercroc.bsky.social:
Powell won’t last long. He will be required to lower rates, despite the incoming administration inflationary policies, and be fired to be replace with someone fully pliable.
@LindaWisner @Bix Different administration will not play by the same rules.
Board of Governors can be replaced.
Forever angry at this administration playing with different rules.
@Bix
If he opts to stay, he will. Only Board of Governors can fire him. Same problem with DeJoy.