All Eyes On The Fed
by John Persinos, InvestingDaily.com
Investing Daily Article of the Week
As Americans this week nervously awaited the official winner of the presidential election, all eyes have turned to our country’s interim leader. I’m referring to Jerome Powell.
The coronavirus crisis is getting worse, Congress is mired in political paralysis, and the presidency was hanging in the balance. In this vacuum, the U.S. central bank has been functioning as a de facto fourth branch of government. That makes Fed Chief Powell a highly influential voice.
Source: http://econintersect.com/pages/investing/investing.php?post=202011072343
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