“I Have Bills to Pay,” Or Why the Fed Really Cut Interest Rates
Disclaimer: The following is a parody of a “leaked” transcript of a recent telephone conversation between Federal Reserve Chairman Jerome Powell and Secretary of the Treasury Janet Yellen.
Powell (answering phone): Powell here.
Yellen: Jay, how you doing, Janet here, been meaning to call you one of these days.
Powell: What’s on your mind over there at Treasury?