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๐จ HOT COMMENT FROM THE FED! Kansas City Fed President Jeffrey Schmid Praises Jerome Powell! ๐ฅ
โIโm going to miss him. Jay is a principled, dedicated GREAT AMERICAN ๐บ๐ธ who made a MASSIVE contribution to the Federal Reserve and the entire U.S. economy!โ Schmid said (according to Jin10 and other sources).
Powell held the wheel through the wildest times: inflation spikes, crises, political pressure โ and still managed to stabilize the situation. A true heavyweight leaving office, but with a powerful legacy behind him. ๐ช
What does this mean for the markets?
Strong respect inside the Fed โ policy could remain predictable even after leadership changes.
Stability from the Fed = calmer sentiment across the board.
Are we heading for new twists ahead? ๐
Who else will miss Powell along with Schmid? Drop your thoughts in the comments! ๐
#FederalReserve #JeromePowell #Fed #USAEconomy #BreakingNews $PHA