Powell's legacy at the Fed to be shaped by his misjudging inflation and standing up to Trump
Associated Press
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Federal Reserve Chairman Jerome Powell speaks at a news conference at the Federal Reserve, following the Federal Open Market Committee meeting, in Washington, Wednesday, April 29, 2026. (AP Photo/Cliff Owen)Federal Reserve Chairman Jerome Powell speaks at a news conference at the Federal Reserve following the Federal Open Market Committee meeting in Washington, Wednesday, April 29, 2026. (AP Photo/Cliff Owen)FILE - President Donald Trump listens to Federal Reserve Chairman Jerome Powell speak during a visit to the Federal Reserve, July 24, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson, File)
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Federal Reserve Chairman Jerome Powell speaks at a news conference at the Federal Reserve, following the Federal Open Market Committee meeting, in Washington, Wednesday, April 29, 2026. (AP Photo/Cliff Owen)