this post was submitted on 25 Mar 2024
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Economics

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Here’s why the Fed doesn’t see a US recession in coming years (www.cnn.com)
submitted 9 months ago by farcaster to c/economics
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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago)

Because Powell is a lawyer and not an economist

Does Jerome Powell have a PHD in economics?

Jerome Powell is not an economist. Powell received has BA in Politics, and a JD in Law. For most of his early career, Powell worked as a corporate attorney. He moved into investment banking, working mostly on financial deals. (Oct 26, 2023)