Warren Buffett

Warren Buffett says Fed’s Jerome Powell belongs on same ‘pedestal’ as Paul Volcker

Berkshire Hathaway Chairman and Chief Executive Warren Buffett on Saturday had high praise for the Federal Reserve’s handling of the market turmoil that accompanied the deepening of the coronavirus crisis in March, comparing Chairman Jerome Powell with the late Paul Volcker, who was credited with taming runaway inflation in the late 1970s and early 1980s.

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