Jerome Powell’s Last FOMC: Inflation, Recession Pain & the Fed’s Big Lie

About this episode

The episode discusses Jerome Powell's final FOMC press conference and the current economic challenges facing the U.S.

In Episode 334 of The Higher Standard, Chris and Saied give Jerome “Transitory” Powell the only farewell THS knows how: part tribute, part roast, part macro autopsy. From his final FOMC press conference and the fight over Fed independence to inflation, oil shocks, AI job losses, recession-level consumer pain, credit card delinquencies, and an overcooked stock market, this episode breaks down why the economy feels broken even while the suits keep calling it “resilient.” Powell may be leaving the mic, but the money printer’s legacy is still sitting on America’s balance sheet. 💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review? This episode is proudly brought to you by Fridays. Because real wealth starts with your health. If you want to feel sharper, stronger, and more in control, visit joinfridays.com and use code HIGHER for an exclusive discount. 📩 NEWSLETTER: https://tr.ee/O6FWkv 👕 THS MERCH: http://www.thspod.com 🔗 Resources: FOMC Press Conference, April 29, 2026 (The Federal Reserve via YouTube) Paul Tudor Jones says the US is more dependent on equity prices than ever… (Patrick OShaghnessy via X) ⚠️ Disclaimer: Please note that the content shared on this show is solely for…

People in this episode

Hosts: Chris Naghibi, Saied Omar

Topics covered

• inflation
• recession
• Federal Reserve
• economic analysis
• stock market
• credit card delinquencies

Keywords

• Jerome Powell
• FOMC
• inflation
• recession
• stock market
• credit card delinquencies
• economic analysis

Sponsors

Fridays

Mentioned in this episode

Organizations: The Federal Reserve

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