Thank ‘Too Late’ Jerome Powell for the jobs and inflation beats

MarketWatch
by Brett Arends
February 14, 2026
AI-Generated Deep Dive Summary
The Federal Reserve’s performance under Jerome Powell has been lauded recently as economic indicators show progress. Inflation rates have declined, job numbers exceeded expectations, and real wages are on the rise, all while the labor market remains resilient. These developments have garnered praise for Powell and his team, highlighting their effective policies. Powell’s leadership has been marked by a notable independence from political pressures, particularly declining to yield to the Oval Office. This stance has been crucial in maintaining credibility and focus on economic stability. His approach has allowed the Fed to navigate complex economic landscapes without being swayed by short-term political agendas, fostering trust in their decisions. With Kevin Warsh set to potentially succeed Powell, attention turns to whether he will uphold a similarly firm approach. Known for his conservative views and past criticisms of expansive monetary policies, Warsh may continue the current trajectory or introduce variations. This transition is pivotal as it influences future interest rate policies and economic strategies, shaping the financial landscape ahead. For finance professionals and investors, understanding these dynamics is crucial.
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Originally published on MarketWatch on 2/14/2026