Despite elevated levels of uncertainty, the US economy continues to be in a good place.
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.
The net effect of these policy changes that will matter for the economy and for the path of monetary policy.
Sentiment readings have not been a good predictor of consumption growth in recent years.
What really does matter is what is happening with long-term inflation expectations.
It is the net effect of these policy changes that will matter for the economy and for the path of monetary policy.
Despite elevated levels of uncertainty, the US economy continues to be in a good place.
While there have been recent developments in some of these areas, especially trade policy, uncertainty around the changes and their likely effects remains high.
It’s not the Fed’s job to make or comment on tariff policy. That’s for elected people, and it’s not for us to comment.





