Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says

Bloomberg2023-05-09

Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...

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Comments

Sphere
2023-05-10
Sphere
Up
HOCK
2023-05-09
HOCK
As if he bother about his popularity or his followers... Influencer meh. [Glance]
Ark Finance
2023-05-09
Ark Finance
This person deserves to be put in jail for lying and mismanaging the economy.
- Ark Finance:
  not last year but 2021 when he lied abt inflation being transitory
- CapybaraNDU:
  Sounds like someone made a lot of losses in the last year 🤡
Coldastone17
2023-05-09
Coldastone17
Now then pple realise JP is manipulating The market!!

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Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.</p><p>Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. </p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14941cadf96ec45af9fb4d771ae57dcd\" tg-width=\"631\" tg-height=\"414\"/></p><p>But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. </p><p>Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. 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Bush received 34% during the 2008 financial crisis. </p><p>Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. </p><p>About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4f8c4b60388380663982d0bbd1e1020\" tg-width=\"642\" tg-height=\"454\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-09 16:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154601692","content_text":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. Indeed, confidence in Powell is comparable to that of political actors. President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947765386,"gmtCreate":1683622769745,"gmtModify":1683622773557,"author":{"id":"3574326262963990","authorId":"3574326262963990","name":"HOCK","avatar":"https://static.tigerbbs.com/88799e7ae4e69750fd2f85687a24a9e3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574326262963990","authorIdStr":"3574326262963990"},"htmlText":"As if he bother about his popularity or his followers... Influencer meh.&nbsp;&nbsp;[Glance]&nbsp;","listText":"As if he bother about his popularity or his followers... Influencer meh.&nbsp;&nbsp;[Glance]&nbsp;","text":"As if he bother about his popularity or his followers... Influencer meh. [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947765386","repostId":1154601692,"repostType":4,"repost":{"id":"1154601692","pubTimestamp":1683621898,"share":"https://ttm.financial/m/news/1154601692?lang=&edition=fundamental","pubTime":"2023-05-09 16:44","market":"us","language":"en","title":"Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1154601692","media":"Bloomberg","summary":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders ","content":"<html><head></head><body><ul><li><p>Just 36% say they trust Powell to do right thing for economy</p></li><li><p>Biden, Yellen and congressional leaders also get low marks</p></li></ul><p>Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.</p><p>A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. </p><p>That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.</p><p>Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. </p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14941cadf96ec45af9fb4d771ae57dcd\" tg-width=\"631\" tg-height=\"414\"/></p><p>But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. </p><p>Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. </p><p>Indeed, confidence in Powell is comparable to that of political actors. </p><p>President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. </p><p>Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. </p><p>About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4f8c4b60388380663982d0bbd1e1020\" tg-width=\"642\" tg-height=\"454\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-09 16:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154601692","content_text":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. Indeed, confidence in Powell is comparable to that of political actors. President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947762881,"gmtCreate":1683622189244,"gmtModify":1683622214141,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"htmlText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","listText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","text":"This person deserves to be put in jail for lying and mismanaging the economy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9947762881","repostId":1154601692,"repostType":2,"repost":{"id":"1154601692","pubTimestamp":1683621898,"share":"https://ttm.financial/m/news/1154601692?lang=&edition=fundamental","pubTime":"2023-05-09 16:44","market":"us","language":"en","title":"Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1154601692","media":"Bloomberg","summary":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders ","content":"<html><head></head><body><ul><li><p>Just 36% say they trust Powell to do right thing for economy</p></li><li><p>Biden, Yellen and congressional leaders also get low marks</p></li></ul><p>Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.</p><p>A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. </p><p>That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.</p><p>Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. </p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14941cadf96ec45af9fb4d771ae57dcd\" tg-width=\"631\" tg-height=\"414\"/></p><p>But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. </p><p>Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. </p><p>Indeed, confidence in Powell is comparable to that of political actors. </p><p>President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. </p><p>Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. </p><p>About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4f8c4b60388380663982d0bbd1e1020\" tg-width=\"642\" tg-height=\"454\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-09 16:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154601692","content_text":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. Indeed, confidence in Powell is comparable to that of political actors. President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106352313,"gmtCreate":1683633287896,"gmtModify":1683633452820,"authorId":4123990832965262,"author":{"id":4123990832965262,"idStr":"4123990832965262","authorId":4123990832965262,"name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947762881,"type":1,"supId":106352173,"prevId":0,"content":"not last year but 2021 when he lied abt inflation being transitory","text":"not last year but 2021 when he lied abt inflation being transitory","html":"not last year but 2021 when he lied abt inflation being transitory"},{"id":106352173,"gmtCreate":1683624541044,"gmtModify":1683624547689,"authorId":4091449914273180,"author":{"id":4091449914273180,"idStr":"4091449914273180","authorId":4091449914273180,"name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.23","exceedPercentage":"93.92%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947762881,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Sounds like someone made a lot of losses in the last year 🤡</span>","text":"<span class=\"s1\">Sounds like someone made a lot of losses in the last year 🤡</span>","html":"<span class=\"s1\">Sounds like someone made a lot of losses in the last year 🤡</span>"}],"langContent":"EN"},{"id":9947762981,"gmtCreate":1683622035444,"gmtModify":1683622039977,"author":{"id":"3562193648411471","authorId":"3562193648411471","name":"Coldastone17","avatar":"https://community-static.tradeup.com/news/4f1bd3166de45ed68ce52aacd1ca37f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562193648411471","authorIdStr":"3562193648411471"},"htmlText":"Now then pple realise JP is manipulating The market!!&nbsp;","listText":"Now then pple realise JP is manipulating The market!!&nbsp;","text":"Now then pple realise JP is manipulating The market!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947762981","repostId":1154601692,"repostType":2,"repost":{"id":"1154601692","pubTimestamp":1683621898,"share":"https://ttm.financial/m/news/1154601692?lang=&edition=fundamental","pubTime":"2023-05-09 16:44","market":"us","language":"en","title":"Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1154601692","media":"Bloomberg","summary":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders ","content":"<html><head></head><body><ul><li><p>Just 36% say they trust Powell to do right thing for economy</p></li><li><p>Biden, Yellen and congressional leaders also get low marks</p></li></ul><p>Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.</p><p>A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. </p><p>That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.</p><p>Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. </p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14941cadf96ec45af9fb4d771ae57dcd\" tg-width=\"631\" tg-height=\"414\"/></p><p>But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. </p><p>Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. </p><p>Indeed, confidence in Powell is comparable to that of political actors. </p><p>President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. </p><p>Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. </p><p>About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4f8c4b60388380663982d0bbd1e1020\" tg-width=\"642\" tg-height=\"454\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-09 16:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154601692","content_text":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. Indeed, confidence in Powell is comparable to that of political actors. President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":19,"commentSize":4,"repostSize":4,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1154601692"}