Even as the central bank’s chair, and arguably the global economy’s most important figure, he has maintained a low-key image. Yet he plays a leading role in the soap opera that is President Trump’s Washington. A scroll through Mr. Trump’s Twitter feed paints Mr. Powell as an out-of-touch policymaker bent on single-handedly tanking America’s economy by keeping interest rates too high. “We have a very strong dollar and a very weak Fed,” Mr. Trump wrote in a tweet. “My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?”
Source: New York Times January 28, 2020 23:40 UTC