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Episode 112May 8, 2019

What. The. Fed.

Seriously … what’s a central bank to do? The Federal Reserve’s got quite the puzzle on its hands.

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WASHINGTON, DC - NOVEMBER 28:  Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC. Powell will succeed Janet Yellen to be the next Federal Reserve Board chairman if confirmed by the Senate.  (Photo by Alex Wong/Getty Images)
WASHINGTON, DC - NOVEMBER 28: Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC. Powell will succeed Janet Yellen to be the next Federal Reserve Board chairman if confirmed by the Senate. (Photo by Alex Wong/Getty Images)

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What. The. Fed.