Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says
- Just 36% say they trust Powell to do right thing for economy
- Biden, Yellen and congressional leaders also get low marks
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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.
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.