# Jay Powell – lucky or good?

An episode of [The Story of Money](https://invisiblenetwork.ai/podcast/1376303362), 11 Sep 2024, 19 min.

Audio: https://sphinx.acast.com/p/acast/s/behindthemoney/e/66e0924ff684e0b7594d377f/media.mp3

As Jay Powell’s Federal Reserve contemplates making the first interest rate cut in more than two years, we’re taking a step back with the FT’s US financial commentator Robert Armstrong. How did Powell tame inflation without crashing the economy? And how might history judge his leadership? Clips from Associated Press - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading: Is Jay Powell lucky or good? Remain calm Martin Sandbu’s column: A self-congratulatory inflation narrative at Jackson Hole - - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Robert Armstrong (@rbrtrmstrng) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Want to hear more from Rob? Listen to the Unhedged podcast. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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