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Fed Chair Jerome Powell was given an award and praised Paul Volcker's "courage" in fighting inflation. This is a strong signal about the Fed's independence.

#JeromePowell, #PaulVolcker, #FederalReserve, #Inflation, #InterestRates
https://newsletter.tf/powell-praises-volcker-courage-inflation-fight-2024/

Powell Praises Volcker's Courage on Inflation Fight in 2024

Fed Chair Jerome Powell honored with Paul Volcker award, citing Volcker's courage against inflation and political pressure. What does this mean for Fed independence?

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