Jerome Powell
Chair of the Federal Reserve from 2018 until his term as chair ended in 2026.
Role in each timeline
- The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
Fed chair through May 2026, who led the 2024-25 easing cycle, faced White House pressure and Justice Department subpoenas, and remains a governor.
Entries that mention Jerome Powell
- Federal Reserve names Powell chair pro tempore Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Senate confirms Warsh 54 to 45, the narrowest vote for a Fed chair in the modern era Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Four dissents at Powell's last full meeting as chair: one for a cut, three against the easing bias Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Hold at 3.5 to 3.75 percent as Middle East developments cloud the outlook; Miran the lone dissent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Judge Boasberg grants the Fed Board's motion to quash subpoenas Legalon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Trump names Kevin Warsh to succeed Powell as Fed chair Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- First hold of 2026 at 3.5 to 3.75 percent; Miran and Waller dissent for a cut Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Powell calls Justice Department subpoenas pretexts Responseon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Third cut of the year to 3.5 to 3.75 percent, over three dissents Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Second cut to 3.75 to 4 percent; balance-sheet runoff to end December 1; dissents in both directions Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- First cut of 2025: a quarter point to 4 to 4.25 percent, citing downside risks to employment Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Jackson Hole: Powell says the shifting balance of risks may warrant adjusting policy Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Fifth straight hold at 4.25 to 4.5 percent, with two governors dissenting for a cut Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Third cut of 2024 takes the range to 4.25 to 4.5 percent; projections pencil in only two cuts for 2025 Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- The Fed starts cutting with a half-point move to 4.75 to 5 percent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings