Jerome Powell

speaker
737 appearances 119 recordings 38 series first heard Mar 2018 last heard 11 Jun

Jerome Powell’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 68 in all, peaking in Jan 2026 with 43.

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That was WSJ Heard on the Street columnist Asa Fitch. Thanks so much, Asa.
Coming up, research goes on pause after Harvard pushes back against the Trump administration. That's after the break.
Harvard University scientists are facing the prospect of laying off staff, euthanizing research animals, and bringing years-long science projects to a halt as a freeze on federal funds looms.
On Monday, after the university rejected government demands to change its operations and how it admits students, the Trump administration said it would stop more than $2 billion in funds previously awarded to the school. Stop work orders began arriving soon after. For more on what this means for Harvard, I'm joined by Nidhi Subbaraman, who covers Science for the Journal.
So Nidhi, what does the pause in grant funding mean for research at Harvard?
How will this pause in funding affect the university's ability to attract and keep top researchers?
So what are Harvard's options in terms of funding? I mean, could it find another way to back its research?
That was WSJ reporter Neeti Superraman. Thank you so much, Neeti.
To read more about how Harvard ended up leading the college fight against Trump, check out the link we've left for you in the show notes. And be sure to check out our upcoming What's New Sunday episode as we explore what a loss of grant funding means for universities' bottom line.
In other news, a federal judge has found that the Trump administration willfully disregarded a court order when it failed to return planes full of migrants on their way to a prison in El Salvador. The judge ordered the government to act quickly to avoid possible prosecution for criminal contempt.
He ordered the government by next week to either show him an attempt to remedy the violation or provide information from administration officials under oath about the decision. Republican Representative Elise Stefanik is considering a run for New York governor in 2026. That's according to people familiar with the matter. President Trump nominated her late last year to be the U.S.
ambassador to the United Nations. But the administration withdrew her nomination last month, citing concerns about the tight margins for Republicans in the House. And the UK Supreme Court ruled today that only those born female can be considered women.
The landmark judgment excludes transgender women from the legal definition and paves the way for stricter limits on female-only spaces and services. Britain's top court said trans people would still be protected from discrimination on the basis of gender reassignment. And a trans woman could claim sex discrimination because she is perceived to be a woman.
And that's what's news for this Wednesday afternoon. Today's show was produced by Pierre Bien-Aimé with supervising producer Michael Cosmitas. I'm Alex Osola for The Wall Street Journal. We'll be back with a new show tomorrow morning. Thanks for listening.
We have stressed that it will be very difficult to assess the likely economic effects of higher tariffs until there is greater certainty about the details. such as what will be tariffed, at what level, and for what duration, and the extent of any retaliation from our trading partners.
While uncertainty remains elevated, it is now becoming clear that tariff increases will be significantly larger than expected. And the same is likely to be true of the economic effects, which will include higher inflation and slower growth. The size and duration of these effects remains uncertain.
While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible that the effects could be more persistent. Avoiding that outcome would depend on keeping longer-term inflation expectations well anchored, on the size of the effects, and on how long it takes for them to pass through fully to prices.
Our obligation is to keep longer-term inflation expectations well anchored and to make certain that a one-time increase in the price level does not become an ongoing inflation problem. We'll continue to carefully monitor the incoming data, the evolving outlook, and the balance of risks. We're well positioned to wait for greater clarity before considering any adjustments to our policy stance.
It is too soon to say what will be the appropriate path for monetary policy.
In this situation... you actually have risks for higher unemployment and higher inflation.
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