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Powell Channels Bernanke: ‘Subprime Debt Is Contained’.

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It was interesting to see Federal Reserve Chairman Jerome Powell, during an address to the Fernandina Beach banking conference, channel Ben Bernanke during his speech on corporate "sub-prime" debt. I.

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Pusillanimous Powell Channels Bernanke: "Subprime Debt Is Contained" It was interesting to see Federal Reserve Chairman Jerome Powell, during an address to the Fernandina Beach banking conference, channel Ben Bernanke during his speech on corporate "sub-prime" debt (aka leverage loans.) "Many commentators have observed with a sense.

Which is the problem with Powell’s comments which are all predicated on just one thing – no recession. "To preview my conclusions, as of now, business debt does Unfortunately, while Jerome Powell may be currently channeling Ben Bernanke to keep markets stabilized momentarily, the real risk is some.