Fed’s Powell and Peers Practice What They Preach

Hello. Today we look at how the squeeze on pay for staff at the Fed and its global peers, how best-in-a-half-century growth could be doomed, and which economies are most vulnerable to a hard landing.

For staff working for US Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde and their global peers, the cost-of-living shock is just as real as it is for the rest of the work force.