Why Trump prefers Mario Draghi over Jerome Powell
As the US president at last gets his interest rate cut he must wish he could have had the bold ECB boss at the Fed
Central bankers rarely say anything that sticks in the memory. Mark Carney has been at the Bank of England for the past six years and is known as the rock star central banker, and not always in a good way. His answers to questions at press conferences are often like solos from the lead guitarist of a 1970s prog rock band: long and boring.
Indeed, only two central bankers have ever come up what might be called zingers. William McChesney Martin, who ran the US central bank for almost two decades from 1951 to 1970, said the Federal Reserve was in the position of a "chaperone who has ordered the punch bowl removed just when the party was really warming up".
Related: Fed chairman hints at first interest rate cut in over a decade
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