Could this be the ultimate poisoned chalice in monetary history? Joe Biden’s decision this week to grant a second term to Jay Powell at the Federal Reserve looked judicious from the administration’s perspective but the challenges that the chair faces rate close to 10 on the Richter scale.
这会是货币史上的终极金杯毒酒吗？上周，乔•拜登(Joe Biden)决定让杰伊•鲍威尔(Jay Powell)连任美联储(Fed)主席，这从拜登政府的角度来看似乎是明智之举，但鲍威尔面临的挑战在规模上接近里氏10级。
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