Powell: Will leave Fed when I think it's appropriate to do so | Metals Mine

  • Powell: Will leave Fed when I think it's appropriate to do so

Added at 1:41pm

Added at 1:43pm

Added at 1:43pm

Added at 1:44pm

Comment Options
babylon1x
Apr 29, 2026 1:42pm
Permalink
Lmfao, polymarkets crashing rn
Reply
Trader#9AC7
Apr 29, 2026 1:50pm
Permalink
So Powell wants to dictate what the next appointed chairman is supposed to do?
Reply
MorleyFX
Apr 29, 2026 2:30pm
Permalink
no. Powell outlined a very reasonable and just way to do his job.
Reply
View 0 more replies to Trader#9AC7
Hide replies to Trader#9AC7
Trader#9A00
Apr 29, 2026 1:45pm
Permalink
No sense Powell. Man I'm on the market from 2003 and he is worst ever chair of Fed. I don't remember any press-conference that had sense.
Reply
Xautrucho
Apr 29, 2026 2:03pm
Permalink
You're tripping, bud. The song always remains the same. Greenspan was part of a tremendous economic boom but when met with adversity, just like any other he faltered. Bernanke was no Volcker, his biggest accomplishment was bailing out the Big4. Yellen was relatively neutral due to the economy rolling steady. Jerome has dealt with the pandemic, the economic rise of China, and all the flaws that come with our lack of rates:inflation imbalance, that's all due to poor policymaking but Jerome has tried to utilize the tools at his disposal as effectively as possible. You can't hate on Jerome. You're a bum and despite being involved in the markets for 23 years you could never do a better job than Jerome has. He's articulate and as honest as big money allows him to be. Don't downplay the man for his commitment, much less his work.
Reply
Trader#E6DD
Apr 29, 2026 2:07pm
Permalink
The same Yellen who said inflation would be transitory after the passage of Bidens huge stimulus bill? The bootlicking of bankers feet is heavy today
Reply
Xautrucho
Apr 29, 2026 3:39pm
Permalink
I think we should have developed the 50 year yield that Yellen advocated for. Would have been a marvelous way to tie in big money for the long run. In hindsight with all this uncertainty today, that was quintessential to remaining #1 in terms of economic influence. The ball is loose and China seems to have a relatively good grasp on how to capitalize off our mistakes.
Reply
View 1 reply to Trader#E6DD
Hide reply to Trader#E6DD
View 1 reply to Xautrucho
Hide reply to Xautrucho
View 0 more replies to Trader#9A00
Hide replies to Trader#9A00
Trader#E636
Apr 29, 2026 1:58pm
Permalink
Powell is not ready to relinquish his unlimited power just yet. Greedy bankers.
Reply
    •   Newer Stories
    Fed Chair Powell: We will want to see the backside of both the energy and tariff shocks before...

    From @FirstSquawk|Apr 29, 2026|3 comments

    FED CHAIR POWELL: WE WILL WANT TO SEE THE BACKSIDE OF BOTH THE ENERGY AND TARIFF SHOCKS BEFORE EVEN CONSIDERING RATE CUTS, ADDING THAT THE ENERGY SURGE HAS NOT YET REACHED ITS PEAK. - POWELL: NUMBER SEEING HIKE AS LIKELY AS A CUT HAS MOVED UP FED CHAIR POWELL: THERE IS NO RUSH TO MAKE A DECISION ON LANGUAGE AT THIS POINT, AS DEVELOPMENTS OVER THE NEXT 30 TO 60 DAYS COULD ALTER THE PICTURE — ADDING THAT TODAY'S CALL WAS CLOSER THAN THE ONE IN MARCH. FED CHAIR POWELL: NEW LEADERSHIP IS LIKELY TO BE IN PLACE BY JUNE, AND IT REMAINS UNCERTAIN WHETHER THE EASING BIAS WILL BE RETAINED IN THE STATEMENT AT THAT POINT. Asked if the decision about Cook will affect his decision on leaving Powell said "not really".

    Fed's Powell: I don't see the labor market as a source of inflation

    From @financialjuice|Apr 29, 2026|2 comments

    Fed's Powell: I don't see the labor market as a source of inflation POWELL: PEOPLE NOT SAYING WE NEED TO HIKE NOW FED CHAIR POWELL: WE DO NOT WANT TO CONFUSE MARKETS REGARDING OUR REACTION FUNCTION, ADDING THAT IT'S A WORTHWHILE DEBATE TO BE HAVING — WITH A SOUND ARGUMENT ON THE OPPOSING SIDE AS WELL. FED CHAIR POWELL: CONCERN OVER MONETARY POLICY CREDIBILITY IS NOT WHAT'S DRIVING MY DECISION TO REMAIN IN ROLE, ADDING THAT WARSH POSSESSES THE SKILLS TO PERFORM WELL. POWELL: I WOULD NEVER BE A SHADOW CHAIR POWELL: I WILL BE A GOVERNOR POWELL: I RESPECT THE ROLE OF CHAIR

    Powell: Prospects of core inflation rising are real; Policy stance in a very good place

    From @cablefxmacro|Apr 29, 2026

    *POWELL: PROSPECTS OF CORE INFLATION RISING ARE REAL *POWELL: POLICY STANCE IN A VERY GOOD PLACE Powell: The labor market shows more signs of stabilizing while inflation is 'kind of misbehaving' pic.twitter.com/tmvno3QAyv FED CHAIR POWELL: WE ARE NOW AT THE HIGH END OF NEUTRAL — SLIGHTLY RESTRICTIVE — WHICH IS PRECISELY THE RIGHT PLACE TO BE, ALLOWING US TO WAIT AND OBSERVE HOW THINGS UNFOLD BEFORE TAKING ACTION. FED CHAIR POWELL: WE BELIEVE THE POLICY RATE IS IN A GOOD PLACE — WELL POSITIONED TO MOVE IN EITHER DIRECTION; IF A HIKE BECOMES NECESSARY, WE WILL SIGNAL AND DELIVER IT, AND THE SAME APPLIES IF A CUT IS WARRANTED. POWELL: OIL EFFECTS ON U.S. LESS THAN ON EUROPE, ASIA POWELL: IF THIS GOES ON FOR MUCH LONGER WILL FEEL IT MUCH MORE

  • Story Stats

  • Related Stories