🚨🚨Jerome Powell – Part 3

Intuition, Independence, and the Shadows of the Past

In today’s final press remarks, Federal Reserve Chair Jerome Powell addressed a topic that’s become increasingly politically charged: pressure from the White House — and specifically, from former president Donald Trump.

Powell’s stance was direct:

The Fed’s policy decisions are not influenced by Trump’s public calls for rate cuts.

That clarity set the tone for a deeply introspective close to the day’s announcements. Powell admitted that:

• Economic uncertainty is “extremely high”

• He cannot predict the right path forward

• The risks of both inflation and unemployment are rising — but not yet visible in data

• Households and businesses are delaying major decisions

• Macroeconomic data remains stable — but fragile

• The Fed’s current stance is not overly restrictive

Perhaps most strikingly, Powell looked into the rearview mirror:

“Looking back, we may have ended QE too late or too slowly.”

It’s a rare moment of self-critique from the central bank’s top official — and a subtle acknowledgment that past monetary excesses are still casting long shadows over present-day policy.

Meanwhile, the Fed continues to stress its data-driven approach, refusing to act preemptively until more clarity emerges. No commitment to cuts. No overreaction to pressure. Just caution, patience, and a hint of regret.

To the #AMAGE community:

Is the Fed learning from its past — or still trapped by it?