Fed Chair Jerome Powell Leans Into a Predecessor's Playbook to Rein In Inflation

WSJ What’s News

20-09-2022 • 14 mins

P.M. Edition for Sept. 20. Federal Reserve Chairman Jerome Powell aims to reduce inflation even at the risk of recession. The WSJ’s chief economics correspondent Nick Timiraos says Powell is drawing on a precedent set in the 1980s by Paul Volcker. Learn more about your ad choices. Visit megaphone.fm/adchoices