How Jerome Powell Shaped the Modern Fed Playbook

On June 17, 2026, the Federal Reserve held rates steady and removed its cutting bias, marking a significant policy pivot under Chairman Warsh. In this episode, Lucas and Luna explore the legacy of Jerome Powell's chairmanship — from the 2020 pandemic response to the 2022-23 hiking cycle — and how his playbook of aggressive forward guidance, data dependency, and asymmetric risk management continues to influence the Fed's approach today. They discuss Powell's famous 'whatever it takes' moment in March 2020, the 'transitory inflation' misstep, and why the current FOMC is still using his framework even as they signal a potential 2026 hike. Specific data points: the real GDP growth rate at 1.6%, the 10-year yield at 4.43%, and the inverted yield curve now at +29 basis points. A must-listen for anyone trying to decode the Fed's next move. #JeromePowell #FederalReserve #FedPlaybook #MonetaryPolicy #InterestRates #PowellDoctrine #2020Pandemic #TransitoryInflation #ForwardGuidance #DataDependency #WarshFed #FOMC #GDPGrowth #YieldCurve #Finance #BearMarketPodcast #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo