The central bank chief is balancing between managing inflation and precipitating a recession.
Whiplash, to say the least.
The Federal Reserve raised interest rates for the fourth time in a row on Wednesday, coupled with a statement that Wall Street read as a signal that it might begin to slow the pace of future rate increases.
Within minutes, the Dow Jones Industrial Average soared 300 points. Then, Chairman Jerom....
Tags : Powell, United States, Fed's chairman, The central bank chief,