Jerome Powell
The Public Record
Jerome Powell is the 16th Chair of the Federal Reserve, having been appointed to the position in February 2018. He is a member of the Republican Party and has played a significant role in shaping U.S. monetary policy during his tenure. Powell's leadership has been marked by efforts to navigate the economy through challenges such as inflation and employment fluctuations, particularly in the wake of the COVID-19 pandemic. He has emphasized the importance of balancing the pace of monetary policy adjustments to avoid both inflationary pressures and job losses in the labor market.
Inflation has started to move up now, we think, partly in response to tariffs.
Chances of a recession were extremely low — if you go back two months. It has moved up, but it's not high.
The net effect of these policy changes... encompasses an aggressive crackdown on immigration and mass layoffs of federal workers.
The core messaging from the January meeting, where Chair [Jerome] Powell emphasized the Fed was 'not in a hurry' to make adjustments to policy, is likely to remain in place in March.
We are focused on separating the signal from the noise as the outlook evolves.
The path to sustainably returning inflation to our target has been bumpy, and we expect that to continue.





