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Jerome Hayden "Jay" Powell (born February 4, 1953) is an American attorney and investment banker who has served since 2018 as the 16th chair of the Federal Reserve.
Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.
4 days ago · SINTRA, Portugal, July 2 (Reuters) - The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data before cutting interest ...
4 days ago · "We've made quite a bit of progress and in bringing inflation back down to our target," Powell said at a central banking forum in Sintra, Portugal.
4 days ago · Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.
Nov 22, 2021 · President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Federal Reserve and Dr. Lael Brainard as Vice Chair. He praised their leadership and experience during the pandemic and their focus on inflation, employment, and climate change.
May 23, 2022 · Vice Chair Lael Brainard administered the oath of office to Jerome Powell on May 23, 2022, who was re-nominated by President Biden and confirmed by the Senate. His new term as Chair ends on May 15, 2026, and his term as a member of the Board ends on January 31, 2028.
