Overview
Chairman of the federal-reserve as of 2026. Led unanimous September 2026 rate hike — first increase in three years.
Recent Developments
- 2026-09-16: Raised fed funds 25bp to 3.75%-4.00%; cited inflation “too high for too long” (2026-09-16-fed-rate-hike-cnbc)
- Hawkish messaging: quarter-point move “removed a dose of accommodation” (2026-09-16-fed-rate-hike-wsj)
- Did not submit personal SEP projection; faithfully presented Committee median projections
- Declined political commentary on President Trump rate-cut calls at press conference