Jerome Powell Is Keanu Reeves in ‘Speed,’ and Traders Want Off the Bus

Bloomberg’s survey of 2,224 participants offers different views on the Fed, US economy.

Jerome Powell

Photographer: Graeme Jennings/Washington Examiner/Bloomberg

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Wracked by the losses in stocks and bonds triggered by the Federal Reserve’s fight against inflation, investors want the struggle to end, the MLIV Pulse survey of 2,224 Bloomberg News readers shows.

The potential outcome of the Fed’s attempt to limit price increases is often described as a soft or hard landing, depending on how much harm it will cause to the US economy. But about a quarter of survey participants said the metaphor of an aircraft coming down isn’t good enough, and they suggested other phrases. One offered a fairly dramatic take on Fed Chair Jerome Powell and Lael Brainard, who was the Fed’s vice chair before she left to become President Joe Biden’s top economic adviser.