About
Jerome Hayden "Jay" Powell is an American central banker currently serving as the 16th chair of the Federal Reserve since 2018. Before entering public service, Powell worked as both a lawyer and investment banker in the private sector. As chair of the Federal Reserve, he plays a crucial role in shaping the monetary policy of the United States. His decisions impact interest rates, inflation, and the overall economic health of the nation. Powell's leadership is closely watched by economists, investors, and policymakers worldwide.
Career Timeline
Partner at The Carlyle Group
Became a partner at The Carlyle Group, accumulating wealth.
Federal Reserve Governor
Appointed as a member of the Federal Reserve Board of Governors.
Chairman of the Federal Reserve
Appointed as the Chairman of the Federal Reserve.
COVID-19 Economic Response
Led the Federal Reserve's response to the economic impact of the COVID-19 pandemic.
Navigating Inflation
Faced the challenge of managing inflation in the United States.
Continues as Fed Chair
Continues to serve as the Chairman of the Federal Reserve, influencing U.S. monetary policy.
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Last updated: February 25, 2026