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Jay Powell – lucky or good?

Jay Powell – lucky or good?

Evaluating Powell’s management of monetary policy

Behind the Money · Manuela Saragosa

September 11, 202419m 8s

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Show Notes

As Jay Powell’s Federal Reserve contemplates making the first interest rate cut in more than two years, we’re taking a step back with the FT’s US financial commentator Robert Armstrong. How did Powell tame inflation without crashing the economy? And how might history judge his leadership?


Clips from Associated Press 


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For further reading:

Is Jay Powell lucky or good?

Remain calm 

Martin Sandbu’s column: A self-congratulatory inflation narrative at Jackson Hole 


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On X, follow Robert Armstrong (@rbrtrmstrng) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. 


Want to hear more from Rob? Listen to the Unhedged podcast


Read a transcript of this episode on FT.com


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