#PowellRemarks

Jerome Powell and His Role in U.S. Monetary Policy Jerome Powell, Chairman of the Federal Reserve (Fed) since 2018, is a significant figure in the global economy. As the head of monetary policy, Powell is responsible for controlling interest rates, inflation, and promoting employment. Under his leadership, the Fed has faced numerous challenges, from the COVID-19 pandemic to rising inflation. Powell is known for bold decisions, such as cutting interest rates to near 0% during the crisis and then raising them sharply to curb inflation. Powell's leadership style is considered pragmatic and flexible, but he has also faced criticism for slow responses in certain situations. However, he has maintained credibility due to his clear communication skills and commitment to economic stability. In the context of global uncertainty, Powell's role continues to be the focal point of investor attention.