Federal Reserve Chair Jerome Powell at a news conference in April. (Daniel Heuer/Bloomberg)Are you better off than when Jerome Powell assumed the chair of the Federal Reserve Board on Feb. 5, 2018? From the narrow viewpoint of investors, the answer would be yes.
Grading Powell’s Fed: Good for Stocks, Bad for Affordability
One result of the massive monetary expansion was an upsurge in inflation, to a peak of over 9% in 2022—which the Fed infamously termed “transitory.”










