Two nominations two days apart, on November 22 and 24, one in Washington, the other in Berlin. They will play a key role in the next four years. The first is a spectacular renewal, that of Jerome Powell, a Republican appointed by Donald Trump as head of the Federal Reserve in November 2017, and now renewed beyond the next US presidential election by a Joe Biden who would have preferred to do another choice ; the second is that of Christian Lindner, appointed German Minister of Finance by his predecessor Olaf Scholz, who became Federal Chancellor of a coalition of Social Democrats, Greens and Liberals.
The particular trait of these two men, Powell and Lindner, two powers at the heart of their respective governments, is to have the same doctrinal rigor: both want to fight inflationary pressures.
"Our monetary policy,"
said Powell this summer, "
must maintain an average rate of 2%."
Germany, insists Lindner,
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