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Jerome Powell

American financier (born 1953) · United States · Politicians

Jerome Powell is read about 1,042 times a day, in 39 languages.

A typical day, 30 days to 15 October 2026

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The man who sets the price of money in America. As chair of the Federal Reserve, Powell steered interest rates through a pandemic collapse, a white-hot inflation surge, and the political crossfire that comes with controlling the economy's most powerful lever.

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In their own words 1

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Jerome Powell
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One statement
  1. We need to move away from very low interest rates. They're not appropriate for the current situation in the economy.

    Mar 16, 2022, The Federal Reserve raises interest rates for the first time since 2018 (Updated March 16, 2022), Own words

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Awards

Profile in Courage Award2026

About this person

Born February 4, 1953, in Washington, D.C., Powell moved from Princeton and Georgetown Law into five years as an attorney before pivoting to investment banking in the mid-1980s. He made partner at the Carlyle Group in 1997, left in 2005 to start his own firm, Severn Capital Partners, then spent two years at the Bipartisan Policy Center. His first public-service turn came in 1990 under George H. W. Bush at Treasury. Barack Obama named him to the Federal Reserve Board in 2012, where he earned a reputation as a consensus-builder. Donald Trump elevated him to chair in 2018; Joe Biden renewed the appointment in 2021. He held the role through the COVID crash, the 2021-2023 inflation spike, and wild swings in global trade, presiding over broad market gains punctuated by sharp drops in 2020 and 2022. The scale of his monetary stimulus opened a gap between Wall Street's performance and Main Street's experience, splitting public opinion on what he delivered.

Country
United States
Category
Politicians
Type
Politician
Status
living
Dates
Born 1953 · age 73

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