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Yahoo Finance @YahooFinance on x 1.9M followers
Created: 2025-07-18 09:36:09 UTC
Billionaire David Rubenstein thinks Powell has done a good job: "We haven't had a recession since Jay Powell has been chairman of the Fed. Recessions occur in the United States roughly every seven years or so. And obviously, the Fed chairman is not the only person responsible for there being or not being a recession. But I think we haven't had one because I think he managed the inflation reasonably well."
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Related Topics inflation united states fed federal reserve powell finance