1 sat \ 0 replies \ @kr OP 22 Nov 2021 \ on: Biden to nominate Jerome Powell for second term as Fed chair, signaling continuity amid heavy economic head winds bitcoin
Interesting comment from Biden below. The Fed often mentions their dual mandate of achieving stable prices and full employment.
Now, it looks like "low inflation" will be one of their new talking points.
“I’m confident that Chair Powell and Dr. Brainard’s focus on keeping inflation low, prices stable, and delivering full employment will make our economy stronger than ever before,” Biden said in a statement Monday.