Should Jay Powell Become George Bailey?
On What'd You Miss This Week, Joe, Scarlet and Julia spoke with Christopher Low, Chief Economist at FTN Financial, about Jay Powell's ongoing search for the natural rate of unemployment. Morgan Ricks, Former Treasury Senior Policy Advisor under President Obama, also came on to talk about his pitch to revolutionize the way Americans manage their money by having the Federal Reserve expand their banking services to include accounts for ordinary Americans. Then Jason Schenker, President of Prestige Economics, joined to discuss his new book "Midterm Economics: The Impact of Midterm Elections on Financial Markets and the Economy" and offer his forecast for November.
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