Jerome Powell

American central banker, and 16th Chairman of the Federal Reserve in the United States

Jerome Powell ▸ Facts ▸ Comments ▸ News ▸ Videos

Jerome Hayden "Jay" Powell is the 16th Chair of the Federal Reserve, serving in that office since February 2018. He was nominated to the Fed Chair position by President Donald Trump, and confirmed by the United States Senate.

0 shares	Share Tweet Save Post Send



Warren Says She Will Watch Over Corporations Loans 'Carefully' Sen. Elizabeth Warren wants corporations getting money from the stimulus package to use it responsibly. She wrote a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell... Credit: Wochit News Duration: 00:32Published 1 week ago

Pelosi anticipates bipartisan support for coronavirus bill in U.S. House The Democratic Speaker of the U.S. House of Representatives on Thursday said she expects "a strong bipartisan vote" on a $2 trillion rescue package, which Nancy Pelosi credited Democrats for winning.. Credit: Reuters Studio Duration: 02:06Published 2 weeks ago

U.S. jobless claims surge to record 3.28 million The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as an economy grounded to a halt by the coronavirus pandemic throws millions out of.. Credit: Reuters Studio Duration: 02:19Published 2 weeks ago


Powell on Federal Reserve rate cut to near zero-percent The U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating coronavirus pandemic. Credit: Reuters Studio Duration: 01:18Published 3 weeks ago

Former Fed officials say Powell needs plan to fight next recession Two former top staffers at the U.S. Federal Reserve have joined in urging the Fed to say explicitly what it will do if interest rates hit zero again. This report produced by Zachary Goelman. Credit: Reuters Studio Duration: 02:45Published on March 4, 2020

European stocks rise on bets ECB will cut rates too Global stock markets initially gave a thumbs down to the U.S. rate cut, but on Wednesday European shares rose on bets the ECB and Bank of England will probably cut rates too. Julian Satterthwaite.. Credit: Reuters Studio Duration: 01:24Published on March 4, 2020

Surprise Fed rate cut fails to end stock gloom U.S. stocks tumbled nearly 3 percent on Tuesday after a surprise half percentage-point rate cut sparked fear the global economy may be headed for tougher times because of the coronavirus outbreak... Credit: Reuters Studio Duration: 02:17Published on March 3, 2020

Fed delivers surprise rate cut to combat coronavirus risk Federal Reserve Chairman Jerome Powell said the economic outlook is at risk due to the coronavirus outbreak, which led the Fed to slash interest rates by half a percentage point on Tuesday in an.. Credit: Reuters Studio Duration: 02:33Published on March 3, 2020

Coronavirus will weigh on U.S. economy for 'some time': Powell U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus, which Fed Chair Jerome Powell said "will.. Credit: Reuters Studio Duration: 01:38Published on March 3, 2020

Wall St. sees biggest weekly slump since 2008 crisis Stocks fell for a seventh straight session and suffered their largest weekly drop since the financial crisis but ended Friday above their lows after Federal Reserve Chairman Jerome Powell issued a.. Credit: Reuters Studio Duration: 02:30Published on February 28, 2020

Fed: “will act as appropriate” on coronavirus impact Fed Chair Jerome Powell’s statement Friday signals that the central bank will cut interest rates in March to support the economy, says RegentAtlantic’s Andy Kapyrin. Credit: Reuters Studio Duration: 05:35Published on February 28, 2020

Trump Fed nominee faces bi-partisan doubters Federal Reserve board nominee Judy Shelton on Thursday faced sharp questioning from Democrat and Republican lawmakers on the Senate Banking Committee who challenged her independence from President.. Credit: Reuters Studio Duration: 01:31Published on February 13, 2020

Economic data will show coronavirus impact 'fairly soon' -Powell The Federal Reserve will be begin to see the impact of the coronavirus outbreak show up in economic data 'fairly soon,' Chairman Jerome Powell told lawmakers on Wednesday. Conway G. Gittens reports. Credit: Reuters Studio Duration: 02:00Published on February 12, 2020

S&P 500, Nasdaq edge up to record highs The S&P 500 and the Nasdaq inched up to their second consecutive record closing highs on Tuesday after Chinese officials said the deadly coronavirus epidemic could be contained by April. Fred Katayama.. Credit: Reuters Studio Duration: 01:16Published on February 11, 2020

You Might Like

Fed's Powell to update on economy and coronavirus crisis response Federal Reserve Chair Jerome Powell - one of the key architects of the unprecedented effort underway to shield the U.S. economy from the coronavirus outbreak - may shed more light on the Fed's.. Reuters - Published 9 hours ago
Fed's Powell says virus to dictate when U.S. economy reopens U.S. Federal Reserve Chair Jerome Powell told Americans on Thursday progress in controlling the spread of the coronavirus would determine when the economy reopens but assured them the Fed was taking.. Reuters - Published 2 weeks ago
Fed's Powell: U.S. may be in recession, control of virus to dictate timing of economy reopening The U.S. "may well be in recession" but progress in controlling the spread of the coronavirus will dictate when the economy can fully reopen, Federal Reserve chair Jerome Powell said Thursday in an.. Reuters - Published 2 weeks ago

Powell's whatever-it-takes pledge puts limits of Fed's reach in spotlight Federal Reserve Chair Jerome Powell's message in announcing a barrage of monetary policy and liquidity actions was clear: The U.S. central bank will use all the tools at its disposal to keep credit.. Reuters - Published 3 weeks ago
Follow the Fed? Why central banks will not be rushed on coronavirus response Will the world's big central banks leave U.S. Federal Reserve Chair Jerome Powell hanging? They are certainly going to try. Reuters - Published on March 4, 2020
Fed makes emergency rate cut as coronavirus spreads The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world's largest economy from the impact of the coronavirus, though Fed Chair Jerome Powell suggested the threat to the.. Reuters - Published on March 3, 2020

Powell says coronavirus outbreak poses material risk to outlook Federal Reserve Chair Jerome Powell on Tuesday said the coronavirus poses a material risk to the economic outlook, and that change to the balance of risks drove the U.S. central bank to deliver its.. Reuters - Published on March 3, 2020
Powell says Fed ready to act as coronavirus poses 'evolving' economic risks Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus epidemic, though he said the economy.. Reuters - Published on February 28, 2020
Fed's Powell says economy is fine but Fed ready to act as needed Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus outbreak, though he said the economy.. Reuters - Published on February 28, 2020
Stocks pare losses slightly; Fed chair vows to support economy as appropriate The S&P 500 pared losses slightly after the U.S. Federal Reserve Chair Jerome Powell said the economy was solid though coronavirus posed a risk and he vowed that the central bank would "use its tools.. Reuters - Published on February 28, 2020

Fed Chair Powell: 'no reason' rising wages, job gains can't continue Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year. Reuters - Published on February 12, 2020
Fed's Powell reinforces regulation and defends repo support in letter to Congress U.S. central bank officials are considering options that would make it easier for banks to treat Treasury holdings similar to reserves when meeting liquidity requirements, Federal Reserve Chair Jerome.. Reuters - Published on February 12, 2020
Trump lashes out at Fed while Powell testifies before U.S. House committee President Donald Trump reiterated his criticism that the Federal Reserve has kept interest rates too high and seemed to say the U.S. central bank's chair, Jerome Powell, had hurt stock prices during.. Reuters - Published on February 11, 2020	Fed's Powell says economy in good place, warns on coronavirus Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the.. Reuters - Published on February 11, 2020
Fed Chair Powell says U.S. economy "resilient," but warns on coronavirus, productivity Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress Tuesday, but cited a potential threat from the.. Reuters - Published on February 11, 2020	Fed Chair Powell likely to give Congress largely positive economic update Federal Reserve Chair Jerome Powell is likely to sound fairly upbeat about the outlook for U.S. economic growth when he testifies this week in the first of his twice-a-year updates to Congress, even as.. Reuters - Published on February 11, 2020
Fed has a role in combating climate change risk, Powell says While the overall U.S. response to climate change is up to elected officials, Federal Reserve Chair Jerome Powell said on Wednesday, the Fed can play a part in keeping global warming from destabilizing.. Reuters - Published on January 30, 2020	What's next for the Federal Reserve's balance sheet? The Federal Reserve will keep injecting cash into the banking system and buying billions of dollars of Treasury bills for a few more months, but it aims to start dialing back on both in the second.. Reuters - Published on January 29, 2020
For Fed, 'material reassessment' may be in eye of beholder At a glance, the Federal Reserve has set a high bar for any change in interest rates this year: A "material reassessment" of the economic outlook would be required as set forth by U.S. central bank.. Reuters - Published on January 28, 2020	Powell's 'half-full' U.S. glass sturdy but still at risk for spills as Fed meets Federal Reserve Chair Jerome Powell has taken a glass-half-full view of the U.S. economy but the trouble may be that the glass has gotten smaller and has a few cracks. Reuters - Published on December 11, 2019
Trump says he told Fed's Powell U.S. interest rates are too high U.S. President Donald Trump said he complained to Federal Reserve Chair Jerome Powell about high U.S. interest rates in a meeting they held at the White House on Monday morning. Reuters - Published on November 19, 2019	Trump, Powell met Monday at White House to discuss economy U.S. President Donald Trump and Federal Reserve Chair Jerome Powell met at the White House on Monday morning, their second meeting since Powell started the job in February 2017 and soon after became.. Reuters - Published on November 18, 2019
Trump says 'cordial' talk with Fed's Powell covered negative interest rates, trade U.S. President Donald Trump said he met with U.S. Federal Reserve Chairman Jerome Powell on Monday and discussed a wide range of topics including negative interest rates, monetary policy easing, dollar.. Reuters - Published on November 18, 2019	Fed's Powell: No 'booming' in U.S. economy that threatens to go bust Federal Reserve Chair Jerome Powell on Thursday said the risk of the U.S. economy facing a dramatic bust is remote, partly because the record-long expansion is notable for not having pockets of.. Reuters - Published on November 14, 2019
Fed chief Powell pushes back on negative interest rates U.S. Federal Reserve Chair Jerome Powell on Wednesday pushed back against a favorite talking point of President Donald Trump's, telling Congress that the negative interest rates sought by Trump aren't.. Reuters - Published on November 13, 2019	Wall Street higher as Fed's Powell says economy in 'good shape' Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead. Reuters - Published on November 13, 2019
Wall Street edges higher as Fed's Powell testifies before Congress Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy. Reuters - Published on November 13, 2019	Fed chief Powell says 'sustained expansion' likely for U.S. economy U.S. central bankers see a "sustained expansion" ahead for the country's economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending,.. Reuters - Published on November 13, 2019
Powell: Economy seen in sustained expansion U.S. central bankers see a "sustained expansion" ahead for the country's economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending,.. Reuters - Published on November 13, 2019	The Federal Reserve is waiting for a U.S.-China 'Phase One' trade deal too U.S. trade policy and its impact on business investment, manufacturing and exports were a key factor in the Federal Reserve's decision to cut rates, chair Jerome Powell said Wednesday. Reuters - Published on October 30, 2019
Indexes tumble as visa restrictions fuel U.S.-China worries U.S. stocks ended down sharply and near the day's lows on Tuesday as news that the United States has imposed visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman.. Reuters - Published on October 8, 2019	Indexes briefly cut losses in choppy trade after Powell comments U.S. stocks briefly cut losses in choppy trading on Tuesday after Federal Reserve Chairman Jerome Powell suggested openness to further rate cuts and said the time has come to allow the Fed's asset.. Reuters - Published on October 8, 2019
Trump on Fed: 'No 'guts,' no sense, no vision!' President Donald Trump blasted the Federal Reserve for delivering only a quarter-percentage point interest rate cut on Wednesday, saying the central bank and its leader, Jerome Powell, had "No 'guts,'.. Reuters - Published on September 18, 2019	Fed trades 'remarkably positive' for 'no precedents' after volatile year A year ago, U.S. Federal Reserve Chair Jerome Powell held a "remarkably positive outlook" for an economy enjoying a "historically rare" combination of good news including low unemployment, steady.. Reuters - Published on September 15, 2019
The S&P 500 inches higher; Treasury yields dip after Powell remarks, jobs report The S&P 500 posted a nominal gain and Treasury yields edged lower on Friday, as remarks from Federal Reserve chief Jerome Powell firmed interest rate cut expectations and China announced an economic.. Reuters - Published on September 6, 2019	Fed Chair Powell repeats vow to act 'as appropriate' The U.S. Federal Reserve will continue to act "as appropriate" to sustain the economic expansion in the world's biggest economy, Fed Chair Jerome Powell said Friday in Zurich, sticking to a phrase that.. Reuters - Published on September 6, 2019
Fed chair Powell's remarks, China stimulus help markets look past weak U.S. jobs data Wall Street advanced on Friday and Treasury yields pared their losses as upbeat remarks from Federal Reserve chair Jerome Powell and a Chinese economic stimulus package helped investors shrug off a.. Reuters - Published on September 6, 2019	Fed's Powell says politics play no role in interest-rate decisions U.S. Federal Reserve Chair Jerome Powell on Friday defended the central bank against the suggestion it would use monetary policy to affect political outcomes or be moved to take action based on.. Reuters - Published on September 6, 2019
Fed will continue to act 'as appropriate' to sustain U.S. growth The U.S. Federal Reserve will continue to act "as appropriate" to sustain an economic expansion now in its 11th year, Fed Chair Jerome Powell said Friday in Zurich, repeating a pledge that financial.. Reuters - Published on September 6, 2019	Trump says he wouldn't stop Fed Chair Powell if he offered to resign U.S. President Donald Trump said on Friday he would not attempt to stop Federal Reserve Chairman Jerome Powell if he offered his resignation. Reuters - Published on August 24, 2019
Fed's Powell vs. Trump: who's got a 'feel' for markets now? Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president.. Reuters - Published on August 23, 2019	Fed's commitment to act upstaged by Trump's furor Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy, stopping short of committing to rapid-fire rate cuts and drawing fire from.. Reuters - Published on August 23, 2019
Trump tweetstorm sinks Wall Street as trade war rages on Wall Street plunged in a broad sell-off on Friday as China and the United States traded their latest salvos in a prolonged trade war, spooking investors and erasing slight gains following a generally.. Reuters - Published on August 23, 2019	Policy rule could help shield Fed from Trump pressure: economist The Federal Reserve ought to adopt a monetary policy rule to guide its interest-rate-setting decisions in part as a bulwark against a near daily barrage of presidential criticism, a widely respected.. Reuters - Published on August 23, 2019
Enraged Trump likens Fed chief to 'enemy' China President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell linked the trade war with China to risks to the U.S. economy, asking whether the man he handpicked to run.. Reuters - Published on August 23, 2019	Powell stops short of committing to rate cuts, and Trump fumes The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from.. Reuters - Published on August 23, 2019
Trump asks who is bigger enemy, Fed Chair Powell or China's Xi? President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee.. Reuters - Published on August 23, 2019	Powell: Fed to act as appropriate to keep expansion going The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave.. Reuters - Published on August 23, 2019