🌐 Global Economy Jun 8, 2026 · conversableeconomist

Chair Jerome Powell: An Early Retrospective

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Chair Jerome Powell: An Early Retrospective
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Jerome Powell was Chair of the Federal Reserve from February 2018 to May 2026. Of course, the Fed Chair does not have dictatorial power over setting monetary policy: instead, such policy is set by a vote of the 12-member Federal Open Market Committee, which in turn is made up of the seven DC-based members of the Fed Board of Governors and five presidents of the regional Federal Reserve banks (chosen on a rotating basis). However, the Chair does have, by tradition, position, and leadership, disp

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