Core Viewpoint - The article discusses the significant impact of Federal Reserve Chairman Jerome Powell's decisions on the U.S. economy, highlighting his dual approach of aggressive monetary easing during the pandemic and subsequent interest rate hikes to combat inflation [1] Group 1: Powell's Leadership - Jerome Powell has served as the Chairman of the Federal Reserve for eight years, navigating through challenging economic conditions [1] - His decisive actions during the COVID-19 pandemic, including lowering interest rates and injecting liquidity, were crucial in stabilizing the U.S. economy [1] - Powell's strategy of "first aid, then inflation control" has not only stabilized the U.S. economy but also set a precedent for global economic policy responses [1] Group 2: Economic Impact - The aggressive monetary policies implemented by Powell helped many businesses survive during the economic downturn caused by the pandemic [1] - The subsequent shift to raising interest rates was a necessary response to rising inflation, demonstrating Powell's ability to adapt to changing economic conditions [1] - Powell's leadership has reinforced the Federal Reserve's role as a stabilizing force in the economy, earning him recognition for his capability during turbulent times [1]
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Sou Hu Cai Jing·2025-07-31 16:21