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Federal Reserve Chairman Jerome Powell's term ends on May 15th.
He leaves behind a significant and uncertain legacy.
The US economy is not weak, but it is certainly unstable.
US economic growth reached 2.1% in 2025 and is projected to reach 2.3% this year.
The biggest burden is undoubtedly the size of the US debt, which reached $39 trillion this month. Therefore, the Fed's biggest challenge has become managing the cost of government financing and balancing it with interest rates.
Inflation readings are also unstable after rising last month due to energy problems following the Iran nuclear deal.
The financial markets are the only sector Powell leaves at historic highs, supported by artificial intelligence.
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