John Authers, Columnist

Jerome Powell Deserves a Little Less Criticism

It’s hard to make a case that the steady Fed tightening since the end of 2016 has choked off U.S. growth. Also, the dollar is getting stronger.

Powell has a thankless job.

Photographer: Justin Sullivan/Getty Images North America
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This is one of those weeks where we get a welter of new economic data from around the world, punctuated by a meeting of the Federal Reserve’s interest rate setting committee. You can also assume that it’s a week when the chairman of the Fed, Jerome Powell, will come in for a battering.