Thursday, April 27, 2023

Fed Chair Jerome Powell punked by Russian Prank Callers.

🤣

NY Mag: Jerome Powell Got Punked by Russian Prank Callers.

...it’s a little jarring to see that on Thursday, the gray-haired Powell was made the butt of a joke by two Russian pranksters crudely posing as Ukrainian president Volodymyr Zelenskyy. This happened back in January, but Powell apparently thought this call was a private one with the world leader and talked candidly about how a recession was just as likely as it was not, and it is now making the rounds on Russian media and Twitter.

BBC: Federal Reserve chair Jerome Powell pranked by Russians.

Comedians Vladimir Krasnov and Alexei Stolyarov - known as Vovan and Lexus - claimed credit for the stunt.
[.]
In one of the clips shared on Russian television, Mr Powell praised Russia's central bank chief Elvira Nabiullina for managing the Russian economy amid Western sanctions, according to the BBC Monitoring service.

Other video now circulating on the internet shows Mr Powell describing a sharp slowdown in growth in the US, following the bank's efforts to rein in price rises.

"We would tell you that a recession is almost as likely as very slow growth," he said of expectations for 2023. "I think that is partly because of us having raised rates quite a bit but this is what it takes to get inflation down."
[.]
"Embarrassing moment for the Fed," chimed in Jesse Cohen, global markets analyst at Investing.com.

"Embarrassing moment for the Fed." Ya think?

Powell needs to go. Didn't care for his policies during Trump's term, he shouldn't have been appointed, still don't care for his policies.

This wasn't a perfect phone call. Resign.

No comments: