EconomistaAustriaco on Nostr: Public confidence in the Fed chair is near record lows: Only 37% of US adults say ...
Public confidence in the Fed chair is near record lows:
Only 37% of US adults say they have a “great deal” or a “fair amount” of confidence that the Fed Chair will do the right thing for the economy, according to a Gallup survey.
For Powell, now in his second term as chair, this is the second-worst reading.
By comparison, confidence peaked at 58% in 2020.
This century, the only other time confidence was this low was during Janet Yellen’s term in 2014.
The Fed is facing a crisis of confidence.
✒️: The Kobeissi Letter
Published at
2025-08-24 18:27:02 UTCEvent JSON
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"content": "Public confidence in the Fed chair is near record lows:\n \nOnly 37% of US adults say they have a “great deal” or a “fair amount” of confidence that the Fed Chair will do the right thing for the economy, according to a Gallup survey.\n \nFor Powell, now in his second term as chair, this is the second-worst reading.\n \nBy comparison, confidence peaked at 58% in 2020.\n \nThis century, the only other time confidence was this low was during Janet Yellen’s term in 2014.\n \nThe Fed is facing a crisis of confidence.\n\n✒️: The Kobeissi Letter\nhttps://blossom.primal.net/637e91306d6c797407997e8a1622d2afae625de96c57b130dc4f81e7d5abdd8c.jpg",
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