Is Chairman Powell Qualified for the Job of Fed Chair?
The position of chairman of the Federal Reserve is the most important central banking/monetary policy position in the world. One would think that the holder of this job would be an economist and would have extensive graduate training in the field of monetary economics. While that is logical, that is not the case in the United States. It is, however, for the Bank of England, Bank of Japan, Bank of Canada, Reserve Bank of Australia, well as the Peoples Bank of China and other central banks.