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How Jerome Powell Handles the U.S. Economy | WSJ 

The Wall Street Journal
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Jerome Powell, as the chair of the U.S. Federal Reserve, appears to hold the country’s economic health in his hands. It’s a coveted role that has earned him both praise and criticism. Fed Chair Powell prioritizes data and does not necessarily focus on fighting inflation or boosting employment.
WSJ takes a look at how the Fed chairman got to the top by balancing aggressive and conservative policy.
0:00 Hawks and doves
0:36 Powell’s background
2:12 Powell’s strategy
3:37 Criticism
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#JeromePowell #Fed #WSJ

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15 июл 2024

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Комментарии : 126   
@urrealdad76
@urrealdad76 Год назад
He’s doing an excellent job and we should all be grateful for his work
@gabrielwade9575
@gabrielwade9575 Год назад
Amazing Being able to provide all my needs without the help of the Government is really a dream come through and I'm getting $50,000 returns from my 10k investment, Glory to the everlasting God almighty
@juliusdawang4173
@juliusdawang4173 Год назад
Quite impressive but HOW!!? I know it's possible, my colleague at work always get 40K every week, I would appreciate if you show me how to go about it.
@scottjohnson8193
@scottjohnson8193 Год назад
After I got up to $300k trading with Mrs Sophia Evans i bought a new House and I'm now able to send my kids to a better school in the states thanks to her. When someone is straight forward with what he or she is doing people will always speak up for them.
@gregsoncuellawade
@gregsoncuellawade Год назад
Her good reputation already speaks for her last month i invested over $100,000 with her and I've already made over $250,000 profit.
@emryarmstrong6801
@emryarmstrong6801 Год назад
How can someone get to speak with Mrs Sophia Evans!!?
@scottjohnson8193
@scottjohnson8193 Год назад
​@Emry Armstrong she will guide you
@artfulandtricky
@artfulandtricky Год назад
Despite popular opinion, respect to Powell for his dedication and owning his role as the Chairman of the board. I place him in the same tier of excellence as former president Obama.
@24killsequalMOAB
@24killsequalMOAB Год назад
This is Satire, right?
@fitnesspoint2006
@fitnesspoint2006 Год назад
He flooded the markets with 5 trillion dollars, most which went into the hands of the rich, devalued the dollar, and caused inflation. He is the cause of the fire and now acting like the fireman.
@paritoshkumar9698
@paritoshkumar9698 Год назад
i have immense respect for the work jerome has done during this very hard time , some people can troll him or have legit critique of him but in these tumultuous times the way in which he has handled rates and unemployement with rationality and policy is great, in stark contrast look to europe for its state of inflation and depression , just usa has done relatively way better
@fitnesspoint2006
@fitnesspoint2006 Год назад
He flooded the markets with 5 trillion dollars, most which went into the hands of the rich, devalued the dollar, and caused inflation. He is the cause of the fire and now acting like the fireman.
@portcybertryx222
@portcybertryx222 Год назад
I wish more people realised this. Great comment !
@hidude177
@hidude177 Год назад
It really seems like a hard job, respect is certainly deserved
@emeraldcitydreamz
@emeraldcitydreamz Год назад
Bot or WSJ employee. Inflation hasn’t gone anywhere. He’s a talking head
@portcybertryx222
@portcybertryx222 Год назад
@@emeraldcitydreamz well that’s largely true but it has halved since last year. Things like bread, oil, milk, eggs are much cheaper now than a year ago.
@gouravmisra2317
@gouravmisra2317 Год назад
Watching from India sir.. Properly followed
@danielyang3995
@danielyang3995 Год назад
Jerome is such a brilliant guy!
@DiegoHernandez-jy4ol
@DiegoHernandez-jy4ol Год назад
Please give the video a follow up on the end of 2024!
@georgemaximus694
@georgemaximus694 Год назад
This time around we know J Powell enough that he is going to pivot and will more than likely continue to stop raising rates and maybe lower rates. The market is in control and is calling him bluff for being hawkish while skipping the rate hike.
@spacetoast7783
@spacetoast7783 Год назад
So did you make a huge purchase of corporate equity this week?
@spacetoast7783
@spacetoast7783 Год назад
The Fed has zero mandate to boost corporate earnings. They only care about unemployment and inflation.
@MitchellC03
@MitchellC03 Год назад
@@spacetoast7783 He's all talk. Either we get another 50 to 100bps on fed funds or we sit in limbo at higher for longer. This pipe dream of cuts coming is just idiotic to me, there is nothing in the data signaling a cut anytime in the near future.
@georgemaximus694
@georgemaximus694 Год назад
@@MitchellC03 Looking back in history. The fed has mostly cut rates after a pause. That’s why the market is bullish. Statistically speaking it’s what the Fed does, start lowering rates after pause. Let’s face it, J Powell wasn’t serious about fighting inflation in the beginning otherwise he would have raised rates above inflation of 9%. It was bluffing from the beginning. We still have high inflation and he paused.
@williamwei6175
@williamwei6175 Год назад
​​@@georgemaximus694I'm betting this (your comments) too. Plus, some people saying waiting for data to signal? That's the same mistake POWELL made back in 2021 when inflation data of May's 5% was made public in June 2021.
@moyo2850
@moyo2850 Год назад
Just to be clear, Powell has been raising the interest rate for years now and the economy is still running fine.
@maxjames00077
@maxjames00077 Год назад
Not for years. He started about 15 months ago and it takes 12 months before rate hikes hit the economy. He will raise 2 times more most likely like he said. The real economic pain will only begin now. But we need that... inflation is hurting every one.
@dm-31024
@dm-31024 Месяц назад
5:21 what is happening at this time? Making paper flowers? ?🌸?
@dens3096
@dens3096 Год назад
He failed us once when he said the inflation wont be more than 2% and he will fail us again when inflation appears again. He should not have paused raising rates. I have more respect to miss Lagard of EU central bank for her persistence fighting the inflation, but once again, they don’t trade stocks as our Fed presidents do and they have more interest in real economy and not in the stock market.
@spacetoast7783
@spacetoast7783 Год назад
Was he in the room with you when he made that promise?
@spacetoast7783
@spacetoast7783 Год назад
The Fed has no mandate to boost corporate profits. Their only mandates are high employment and low inflation.
@maxjames00077
@maxjames00077 Год назад
The mistake is already made. He should have risen rates 3% 18 months ago and then 50 bps hikes every month until 6% ish. He let inflation run for a full year before raising anything.
@liyexiang666
@liyexiang666 Год назад
well well, our transitory guy
@spacetoast7783
@spacetoast7783 Год назад
Just like every economist on earth was
@USAFORBETTER
@USAFORBETTER Год назад
Wow cool
@johnsmeith3913
@johnsmeith3913 Год назад
Jerome Powell is pretty much the Lebron James of international finance
@duran9664
@duran9664 Год назад
🤢🤢🤮
@MitchellC03
@MitchellC03 Год назад
Incredibly talented, great player, but when he flops its just cringe
@imakeyoupresident5887
@imakeyoupresident5887 Год назад
Its daddy Powell
@WTF2BlueTiger
@WTF2BlueTiger Год назад
This guys the reason there hasnt been another 2008 recession, and also the reason housing costs have risen well above 100 % since that same period. You guys choose which ones you find to be more important Really the issue stems from having dirt low interest rates the last 10 years following the 2008 recession, driving mild economic growth (very high stock growth) at the cost of *everyone* (mostly the non wealthy, since the wealthy have gained more if they have equity in anything non cash).
@BroAnarchy
@BroAnarchy Год назад
"most powerful economic voice".... lol, gee i really wonder how THAT happened😂
@spacetoast7783
@spacetoast7783 Год назад
Probably because Congress approved the appointment.
@Mike-vh1ur
@Mike-vh1ur Год назад
Rising inflation rate wont fix inflation🤷🏽‍♂️ many countries depends on us, USD.
@rickertcoles
@rickertcoles 7 месяцев назад
It's hard to predict the future until we see this month’s inflation results. However, historical data consistently show that stocks tend to outperform bonds in the long term. Therefore, I'm staying in the market and focusing on selecting high-quality stocks. The challenge lies in identifying these stocks.
@flemmingbrooke
@flemmingbrooke 7 месяцев назад
Staying in touch with a financial advisor was my effective tactics. During the pandemic, I outperformed the market, earning about $200k in four months. Its been a remarkable few years for me with my advisor .
@GeorgeNN
@GeorgeNN 7 месяцев назад
Well said, I once assumed I had a hang of the mkt, accrued $80k in a quarter, was super elated, not until the pandemic crash where I was forced to seek expertise assistance due to losses, stumbled upon a financial advisor thankfully, and as of today, I've netted nearly $1m roi after a couple 100s of thousands invested... it's really exciting to share
@laportafrank
@laportafrank 7 месяцев назад
that's remarkable! i'm quite intrigued and would appreciate if you share additional details about your experience, or preferably the financial planner assisting you please? cant afford to make any more mistakes
@GeorgeNN
@GeorgeNN 7 месяцев назад
There are a lot of independent advisors you might look into. But i work with NICOLE DESIREE SIMON and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
@laportafrank
@laportafrank 7 месяцев назад
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@Otter-Destruction
@Otter-Destruction Год назад
The oracle of the Fed, our lord and savior JPow
@sambadiop4740
@sambadiop4740 Год назад
He is very careful on how is going the economy
@muhammadmustafa2946
@muhammadmustafa2946 Год назад
It's a hard job for sure, and people who don't know anything about the economy blame him for every ill that befalls it. Keep up the fight Jerome, and God bless
@Gandalf17
@Gandalf17 Год назад
Honorable man. He should the President of the USA. Not dementia biden or the clown trump
@deannaspencer8988
@deannaspencer8988 Год назад
All Stores Please Lower the price of all Military and Local for all Brands of Economy Products and Accessories and Production Cost Now That's too much $$ The Whole World Now 🙏🙏🙏
@BayneBoy1
@BayneBoy1 Год назад
The US Federal Reserve is the United States Central Bank
@larrybelo-vf4yc
@larrybelo-vf4yc Год назад
My priorities the exploration of agricultural production of food and I give to all nations the true and balance protection of our people hopefully comes to everyone that blessings of god .. peace with god all about us..????
@KStutsman
@KStutsman Год назад
Let's be real. COVID came, the stock market started to dip before the 2020 presidential election and Trump said lower rates/buy bonds/infuse money into the system or you're fired.
@stoundingresults
@stoundingresults Год назад
Plandemic
@spacetoast7783
@spacetoast7783 Год назад
The Fed doesn't operate under the direction of the President. It's an appointment approved by Congress. Trump can cry all he wants and it won't matter.
@floridaman7
@floridaman7 Год назад
A nice puff piece of the guy who kept interest rates low way too long.
@spacetoast7783
@spacetoast7783 Год назад
As opposed to which other central bankers around the developed world?
@MitchellC03
@MitchellC03 Год назад
@@spacetoast7783 you're both right in your statements. I was advocating for Yellen to lightly raise rates back in 2017, but here we are.
@John-tx5or
@John-tx5or Год назад
Supply THEE Demand of the BASICS. Organize The LABOR to GO Where its Needed.. FEEDbThe Country, GIT it DONE then Show N Tell Everybody HOW to DOIT Too.
@EEETH37
@EEETH37 Год назад
F your puts, F your calls
@binaryseraph855
@binaryseraph855 Год назад
So is Powell a Dowk or a Hove?
@ginyilee6538
@ginyilee6538 Год назад
he has done a great job so far.
@sbkpilot1
@sbkpilot1 Год назад
Savers are finally getting a return on their safe cash assets.. that is stability in my opinion
@fitnesspoint2006
@fitnesspoint2006 Год назад
He flooded the markets with 5 trillion dollars, most which went into the hands of the rich, devalued the dollar, and caused inflation. He is the cause of the fire and now acting like the fireman.
@maxjames00077
@maxjames00077 Год назад
​@@sbkpilot1 bro we losing more to inflation than we get... we losing money on having it in the bank
@kristensorensen2219
@kristensorensen2219 Год назад
#727👍🤔Why does this seem like the WSJ is promoting Jerome Powell and why would the WSJ do tht?!🤑
@erika8884
@erika8884 Год назад
Jerome Powell needs to go!
@pickmechris
@pickmechris Год назад
I'm team J POW
@michaelroot1366
@michaelroot1366 Год назад
No matter WSJ’s sweetheart flattery of J POW’s efforts as chair, his record shows he acted in response to POTUS’s wishes and without concern to the middle and working class. The Gov flooded our markets with cash, the powerful processes of corporate wealth creation spent 18 months vacuuming it up from every-day consumers, and J Powell has no tool in his belt to tax who should have been taxed, the rich. The only thing he could have done was what he was told to do. Tax the consumer with inflation. Great job, WSJ, for avoiding the politically unpalatable truth.
@homelesseconomist
@homelesseconomist Год назад
Yeah I'd love to debate Jerome Powell about his bright ideas on demand-induced inflation in the back alley of Home Depot
@maricel4083
@maricel4083 Год назад
Use the tools of federation to worldwide. Dont think eny. If they complain ask to them the truet
@duran9664
@duran9664 Год назад
This is why all these dinosaurs in gov & legacy finance hate Bitcoin😒 Sooner or later, it will end their long corrupt ruling . 🤘😝🤘
@mxtthe3
@mxtthe3 Год назад
Horrible Fed Chair. Technology has been destroyed with mass layoffs for months. Massive expansion in the balance sheet. Not a leader
@geozarcas9157
@geozarcas9157 11 месяцев назад
Jerome Powell and his panel support has to be removed from his position. All he does, is raise interests and only rich are becoming richer and poora are struggling worse than before. Interest withheld for social security, ia super high, everybody but people working in some government jobs, are paying on social security. Let's make a change
@lwqz
@lwqz Год назад
He overreacted.
@wahidazizi7762
@wahidazizi7762 Год назад
🚬⚰️✍️
@auro1986
@auro1986 Год назад
how? he takes money to pay for your military and space force
@MitchellC03
@MitchellC03 Год назад
The Federal Reserve is not part of congress
@filimag4801
@filimag4801 Год назад
"promosm"
@nickboles9649
@nickboles9649 Год назад
Planned demolition
@FBISHOJI
@FBISHOJI Год назад
CBDC INCOMING
@MitchellC03
@MitchellC03 Год назад
Then hedge your portfolio
@AcctistaZ
@AcctistaZ Год назад
Propaganda to convince you FED is in control
@jimmy4437
@jimmy4437 Год назад
so far so good he’s doing his job the way he supposed to he ain’t cut in the corner he’s being real he said now inflation is going to be longer. Are you going to keep interest rate higher he’s not playing games
@fitnesspoint2006
@fitnesspoint2006 Год назад
He flooded the markets with 5 trillion dollars, most which went into the hands of the rich, devalued the dollar, and caused inflation. He is the cause of the fire and now acting like the fireman.
@heelarry7051
@heelarry7051 14 дней назад
This powell when want to die
@dboydboy6640
@dboydboy6640 Год назад
Rubbish propaganda!
@Semper_Iratus
@Semper_Iratus Год назад
Old white male democrat. 😮
@glichjthebicycle384
@glichjthebicycle384 Год назад
youre pathetic if thats all you see in him lol
@spacetoast7783
@spacetoast7783 Год назад
Why did a Republican appoint a Democrat when Republicans controlled both houses of Congress?
@MitchellC03
@MitchellC03 Год назад
He is actually a registered Republican, you can look it up
@brycesattler2301
@brycesattler2301 Год назад
$DOCRF CloudMD SaaS 🏥🕊️🌹⛲🎆🗽🌴🛜 $TRUFF Red Light Holland Corp ✨🍄🍄
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