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Fed's Rate Chess: Powell's Patient Pawn Game

Reading time: 2 min • Feb 20, 2025, 01:51 AM (UTC)

Key Points

  • Jerome Powell and the Fed are navigating a tricky landscape ...

Ever wondered what keeps Jerome Powell up at night? Probably not his Netflix queue, but rather the delicate balance of managing interest rates while Trump's second term keeps everyone on their economic toes.

The "We're Not Touching That Button" Committee

The Federal Reserve's January meeting minutes reveal a group of policymakers tiptoeing around interest rates like they're walking through a field of LEGO pieces in the dark. With inflation playing hide-and-seek with their 2% target, they're showing all the decisiveness of someone picking a lunch spot in a food court.

Tariffs and Tribul...

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