Public Confidence in Fed Chair Jerome Powell Is at Record Low

Public Confidence in Fed Chair Jerome Powell Is at Record Low
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington on March 22, 2023. Olivier Douliery/AFP via Getty Images
Andrew Moran
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The American people are losing confidence in Federal Reserve Chair Jerome Powell’s leadership as the U.S. economy grapples with crushing inflation and a slowing economic landscape, a new survey revealed.

According to new polling data from Gallup, 36 percent of U.S. adults say they have a “great deal” or a “fair amount” of confidence that Powell would do or recommend the right thing for the economy. This is down from 43 percent a year ago. Twenty-six percent reported “only a little,” and 28 percent responded with “almost none,” the firm’s annual Economy and Personal Finance poll showed.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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