Jay Powell’s Federal Reserve: Protection for Bankers, Pain for Everyone Else

Continuing interest rate hikes as the Black unemployment rate starts to tick up reveal a misunderstanding of monetary policy history.

by ,

You can count on the Prospect, can we count on you?

There's no paywall here. Your donations power our newsroom as we report on ideas, politics and power — and what’s really at stake as we navigate another presidential election year. Please, become a member, or make a one-time donation, today. Thank you!