Jerome Powell’s Mixed Legacy
4 Articles
4 Articles
Jerome Powell’s Mixed Legacy
By remaining on the US Federal Reserve board of governors after the end of his term as chair, Jerome Powell can keep the focus on his widely celebrated role as the “defender of the Fed.” But if that allows him to sideline substantive criticism of Fed policy during his tenure, the institution may suffer for it.
By Mohamed A. El-Erian, Project Syndicate.NEW YORK- It may be one of the most spectacular twists in the much-discussed history of the United States Federal Reserve.When Jerome Powell ends his two consecutive periods as head of the Fed on May 15, perhaps his legacy will reflect a surprising irony: it will have been strengthened by the man who did most to destroy it.History is often written in the shadow of conflict, and Powell's leadership in the…
El “momento de gloria” de Jerome Powell frente a Donald Trump
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Jerome Powell: The Chair of the U.S. Federal Reserve since 2018
Jerome Powell, who earlier was a Lawyer and an Investment banker, has become the most important person in the U.S. government. He is the 16th Chairman of the Fed, a position he has held for almost eight years. In 2017, President Donald Trump nominated Powell to be the president of the Board of Governors of the Federal Reserve System, and in 2018, the confirmation was given by the Senate.Due to Powell’s sharp wit and extraordinary banking knowled…
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