Fisher Grades Powell's Political Handling at Fed

In a discussion, former Dallas Fed President Richard Fisher grades Fed Chair Jerome Powell's handling of political pressures. Initially giving Powell an 'A', Fisher later adjusts to an 'A-' acknowledging the challenges of the role. He praises Powell's conduct and dignity, but another speaker disagrees, suggesting Powell is providing cover for Fed Governor Kevin Walsh by not cutting rates. The speaker argues that Powell's actions could lead to future inflation, comparing it to former Fed Chair Arthur Burns' actions.