entity Updated 2026-08-06

Jerome Powell

146.美国经济这么差,美股还能继续涨吗 | 串台《美轮美换》 adds Powell as the current chair in a source-dated U.S. market discussion. The episode treats Donald Trump’s public dissatisfaction with Powell, reports of possible firing letters, and market reaction to those reports as part of a continuing Central Bank Independence stress test rather than only a personality conflict.

Jerome Powell appears in EP57 美股动荡,东升西降?这回是走是留 through the episode’s discussion of Federal Reserve communication, nonfarm payroll data, and short-term March 2025 volatility. The speakers contrast Powell and the Fed’s typically ambiguous language with Donald Trump’s more direct policy messaging.

Jerome Powell and the Test of Fed Independence makes Powell the direct case study for Central Bank Independence. The Planet Money source presents his final day as Fed chair through pandemic policy, inflation’s rise and fall, Trump pressure, a DOJ investigation tied to Fed construction-project testimony, and comparisons with William McChesney Martin and Arthur Burns.

Indicators of 2025 and What to Watch in 2026 adds a source-dated forward-looking version. The 2025-12-31 episode says Powell’s chair term was due to end in May 2026, making the federal funds rate a live signal for chair succession, Fed dissent, Donald Trump pressure, and whether Central Bank Independence remained credible.

vol.128.关税战下一步走向何方?美国人民如何看待特朗普“百日新政”?| 狂喜播客节·对话仲树&Talich adds an earlier May 2025 live-discussion view. The source says Powell was still “holding” the independence line, but the deeper risk may be the next Federal Reserve chair and institutional environment if Donald Trump can shape appointments, regulatory review, and political incentives.

Source Position

  • Powell is used as the public face of the Fed’s difficult communication problem.
  • The source argues that Fed signals can either calm markets or be interpreted as evidence that policymakers see economic trouble.
  • His comments are tied to Monetary Policy Lag, U.S. Recession Risk, and Index Reentry Discipline because investors are advised to wait for more stable policy and data signals before adding aggressively.
  • Planet Money separates Powell’s independence record from the broader question of whether his monetary-policy choices were correct.
  • The source treats the DOJ subpoenas as Powell’s defining pressure moment because he publicly framed possible criminal charges as a consequence of rate decisions made against presidential preference.
  • The crossover source treats Powell’s approaching May 2026 chair transition as part of Federal Funds Rate As Policy Signal, not just as a biographical endpoint.
  • The Qizhulou vol.128 source treats Powell as a current resistance case while moving the main institutional concern to succession and Independent Agency Control Pressure.
  • Episode 146 adds shutdown-disrupted data and market reaction to removal rumors as reasons Powell’s independence signal can affect both rate expectations and equity risk appetite.

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