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U.S. Federal Reserve Chair Jerome Powell’s eight-year term ends this week, but unlike most of his predecessors he will stay on as a governor of the central bank.
During Powell’s tenure, a global pandemic spiked unemployment, inflation soared higher than it’s been in 40 years, and U.S. President Donald Trump tried to undermine the Fed’s independence.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
U.S. Federal Reserve Chair Jerome Powell’s eight-year term ends this week, but unlike most of his predecessors he will stay on as a governor of the central bank.
During Powell’s tenure, a global pandemic spiked unemployment, inflation soared higher than it’s been in 40 years, and U.S. President Donald Trump tried to undermine the Fed’s independence.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.