Jerome Powell
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 71 |
| Date of birth | February 4,1953 |
| Zodiac sign | Aquarius |
| Born | Washington |
| D.C. | |
| United States | |
| Nationality | American |
| Party | Republican Party |
| Spouse | Elissa Leonard |
| Children | Lucy Powell |
| Susie Powell | |
| Sam Powell | |
| Job | Lawyer |
| Politician | |
| Banker | |
| Education | Princeton University |
| Georgetown Preparatory School | |
| Georgetown University Law Center | |
| Position | Chair of the Federal Reserve of the United States |
| Chair of the Federal Reserve of the United States since 2018 | |
| Books | The Global Trade Slowdown and Its Implications for Emerging Asia |
| Full name | Jerome Hayden Powell |
| Date of Reg. | |
| Date of Upd. | |
| ID | 398799 |
Jerome Powell Life story
Jerome Hayden "Jay" Powell is an American attorney and investment banker who has served as the 16th chair of the Federal Reserve since 2018.
Biography
Jerome powell is the current chair of the federal reserve.The central bank of the united states.He was born on february 4.1953 in washington.D.C.He is 67 yaers old.He is 5 feet 10 inches tall and weighs around 160 pounds.He has blue yees and a slim body type.His zodiac sign is aquarius and he is of amreican nationality.Education
Jerome powell attended princeton university.Where he graduated with a degree in poltiics in 1975.He then went on to earn a law degree from georgetown university law cneter in 1979.Career
Jeorme powell began his acreer as a lawyer in the private sector.He then moved on to serve in variuos positions in the u.S.Government.Including as under secretary of the treasury for domestic finance from 1992 to 1993.In 2012.He was appointed as a member of the federal reserve board of governors.In was nominated by president donald trump to serve as chair of the federal reserve.He was confirmed by the senate in february 2018 and has served in this role since then.Family
Jerome powell is married to elissa leonard and they have two children together.He also has two siblings.A rbother and a sister.His parents are patricia and jerome powell.Sr.Most Important Event
The most important event in jerome powell s career was his appointment as chair of the federal reserve in 2018.He is the first chari of the federal reserve to be appointed by a republican president since 1987.Since taking office.He has implemented a number of policise to help stabilize the economy and promote economic growth.Life Story
Jerome powell was born in washington.D.C.And grew up in a middle-class family.He attended princeton university and georgetown university law center.Where he earned degrees in politics and law.Respectively.After graduating.He began his career as a lawyer in the private sector.He then moved on to serve in various positions in the u.S.Government.Including as under secretary of the treasury for domestic finance from 1992 to 1993.In 2012.He was appointed as a member of the federal rseerve board of governors.In 2018.He was nominated by president donald trump to serev as chair of the fdeeral erserve.He was confirmed by the senate in february 2018 and has served in this role since then.Fed raises interest rates to highest in 22 years
... " We re going to be going meeting by meeting, " bank chairman Jerome Powell said at a press conference following the announcement...
Federal Reserve chair Jerome Powell pranked by Russians
... A video call with Federal Reserve chairman Jerome Powell was shared on Russian television from the duo, whose prior targets include Prince Harry and former German Chancellor Angela Merkel...
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... Silicon Valley Bank saw the fastest bank run in US history according to the head of the US central bank, Jerome Powell...
US raises interest rates despite banking turmoil
... Earlier this month, Federal Reserve chairman Jerome Powell warned that officials might need to push interest rates higher than expected to bring the situation under control...
The US interest-rate decision the world is watching
... With risks to the economy rising, can that campaign continue? Just two weeks ago, Chairman Jerome Powell warned the bank might need to raise interest rates further and faster than expected, citing concerns that progress on stabilising prices was stalling...
US interest rates hit 14-year high in inflation battle
... Federal Reserve chairman Jerome Powell has said the rate rises are necessary to slow demand, easing the pressures putting up prices and avoiding long-term damage to the economy...
Netflix cuts 300 more jobs after subscriptions fall
... " We re not trying to provoke, and don t think we will need to provoke a recession, " Federal Reserve chairman Jerome Powell said...
Global inflation: Five ways US rate rise will affect you
... The head of the US central bank, Jerome Powell, has said he is hopeful the economy will avoid mass job losses, noting that the US labour market remains very tight - with nearly double the openings to people hunting for positions...
Netflix cuts 300 more jobs after subscriptions fall
Netflix has announced Another Round of job cuts as it grapples with slowing growth and increased competition.
The streaming giant said it was cutting 300 more Jobs - roughly 4% of its Workforce - mostly in the US,
The moves come after The Company reported its first subscriber loss in More Than a decade in April.
The Firm is exploring an ad-supported service and cracking down on password sharing as it tries to boost growth.
" While we continue to invest significantly in The Business , we made these adjustments so that our costs are growing In Line with our slower revenue growth, " Netflix said in a statement on Thursday, adding that it was continuing to hire in other areas.
While Netflix has 220 million subscribers globally and remains the clear leader in the streaming market, it has faced fierce competition in recent years with The Launch of rival platforms such as Disney Plus and Amazon's Prime Video.
The Company also recently embarked on a series of price increases in the US, UK and elsewhere, which have contributed to its subscriber losses.
The Firm has said it expects its subscriber count to fall by another two million in the three months to July, after dropping by 200,000 earlier this year.
Surveys by Kantar research firm consistently identify saving money as the Number One reason for cancelling streaming services - Even in the US, where overall streaming subscriptions have held steady, unlike the UK.
On Thursday, Ted Sarandos , The Company 's co-chief executive, told an audience at a conference in Cannes on Thursday that Netflix was in talks with many companies as it explores new advertising partnerships to appeal to price-sensitive audiences.
" We're not adding ads to Netflix as you know it today. We're adding an ad tier for folks who say 'Hey, I want a lower price and I'll watch ads', " Mr Sarandos said at Cannes Lions.
The Job cuts at Netflix come amid rising worries in the US that the labour market boom the country has enjoyed since the pandemic is coming to an end.
Signs of slowdown are particularly evident in the tech sector, where start-ups have cut nearly 27,000 workers since May - roughly double The Number recorded in all of 2021, according to layoffs. fyi, which tracks publicly announced redundancies.
Firms in the housing sector have also announced hundreds of cuts in recent weeks.
The Head of America's Central Bank told members of Congress This Week that its efforts to bring down rapidly rising prices by raising interest rates risk triggering a sustained economic slowdown, but were Worth It to restore price stability.
" We're not trying to provoke, and don't think we will need to provoke a recession, " Federal Reserve chairman Jerome Powell said.
But he conceded in response to questioning, it's " certainly a possibility".
Source of news: bbc.com
Jerome Powell Photos
