As long as Powell doesn’t toss dollars out of helicopters as Bernanke once threatened, we should be good

I have no opinion on the substance of this thread. I'm just here to say that the subject line made me think that the OP was trying to say that Powell was too fat.

The month of April has the best stock performance since 1970 while the US has the worst month in infections and deaths. It's interesting to see how long the printing press will last.

Anonymous wrote:I find him not as scholarly as Bernake or Yellan. But meh, he’s ok. I say this as someone who has a family member who sat on the Kansas City Fed.

Scholarly is irrelevant when you aren’t as good of a decision maker

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They should not have lowered rates last year. And they didn't need to lower .50 in March.

+1 Powell caved to pressure from Trump. We absolutely did not need to lower rates last year.

+1

+2

+3. In addition to being the wrong move it also undermined public faith in the institution. Now the Fed has been politicized.

I find him not as scholarly as Bernake or Yellan. But meh, he’s ok. I say this as someone who has a family member who sat on the Kansas City Fed.

Anonymous wrote:

Anonymous wrote:They should not have lowered rates last year. And they didn't need to lower .50 in March.

+1 Powell caved to pressure from Trump. We absolutely did not need to lower rates last year.

Wrong.

This is where progressives and trump agree.

For 10+ years we overshot wrt Nairu.

Powell was 100% right and progressives agree with aggressive macro accommodation

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They should not have lowered rates last year. And they didn't need to lower .50 in March.

+1 Powell caved to pressure from Trump. We absolutely did not need to lower rates last year.

+1

+2

Anonymous wrote:

Anonymous wrote:They should not have lowered rates last year. And they didn't need to lower .50 in March.

+1 Powell caved to pressure from Trump. We absolutely did not need to lower rates last year.

+1

Anonymous wrote:They should not have lowered rates last year. And they didn't need to lower .50 in March.

+1 Powell caved to pressure from Trump. We absolutely did not need to lower rates last year.

They should not have lowered rates last year. And they didn't need to lower .50 in March.

Powell holds his ground more in maintaining looser macro policy and on top of that is more straightforward to the hill in the need for added fiscal firepower.

Bernanke and yellen were more meek in this regard (even if they believed in this course of action).

Things like the taper tantrum would’ve never happened under Powell.

I don’t think yellen and benrnake would communicate as aggressively as Powell does

I like Powell. He's doing fine. He's not a godlike genius like Greenspan but it turns out that Greenspan wasn't either.

Why?

I’m a dem. I think jay powell is a vastly better fed chair than bernanke or Powell.