US EditionFed likely to hold rates steady as Powell nears possible swan song
Powell may signal higher-for-longer policy as inflation risks rise and a Justice Department decision clears a path for Kevin Warsh’s confirmation.
7 Articles
7 Articles
Fed expected to hold rates as Iran war fuels inflation fears
Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell’s last meeting as head of the US central bank, with energy prices still elevated and the Iran war at a standstill and likely to prolong uncertainty about the economic and monetary policy outlook. A May 15 endpoint for Powell’s eight years at the Fed’s helm now appears more likely after a major obstacle to the US Senate’s confirmation of his appointed s…
Fed likely to hold rates steady as Powell prepares for possible swan song
Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central bank, with energy prices still elevated and the Iran war at a standstill and likely to prolong uncertainty about the economic and monetary policy outlook.
Powell's last interest rate meeting: Will he stay at the Fed? Wednesday's interest rate meeting at the US central bank does not set the stage for much drama when it comes to the interest rate decision itself. If you ask the market, it is ne
What to remember: Jerome Powell chairs his last Fed meeting on April 28 and 29, before the expiry of his term of office on May 15, 2026. Kevin Warsh should be confirmed by the Senate this week after the abandonment of the Department of Justice investigation against Powell. Powell must choose between resigning completely or remaining governor until the end of his term of office in January 2028. Last meeting before the change of custody Jerome Pow…
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