Jerome Powell has had enough and just quit so he could go live in a van down
Question:
Jerome Powell has had enough and just quit so he could go live in a van down by the river.
Surprise, you have been hired as the next Federal Reserve Chairman as you were the obvious choice.
The next Fed Meeting will be May 2-3.
All involved parties agreed to go along with whatever you say. So, look at the current economic data (like the FRED) and develop a plan.
A. If you were in charge, you would raise or lower interest rates and how much?
B. Provide some data to support your decision. You decide what data is important. Like real macroeconomists, the most important factors that influence the economy and what actions to take are debatable.
C. How will that happen?
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford