Jerome Powell makes final announcement as Fed chair
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US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,
Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.
Federal Reserve Chairman Jerome Powell said the war in Iran risks pushing inflation higher and lowering economic growth the longer it continues to strangle the global energy market. Speaking to reporters on Wednesday after the Fed voted 8-4 to keep target interest rates unchanged,
It's Fed decision day. It's also likely to be the last time that Jerome Powell presides over the Federal Reserve's policy committee. Follow our live coverage.
Federal Reserve Chair Jerome Powell took a second to take in that his last press conference at the helm of the central bank was over. There was a smattering of applause from reporters. Then, Powell turned toward the exit.
Federal Reserve Chair Jerome Powell announced Wednesday he will remain at the Fed as a governor after his term as chair ends next month, saying he felt he had no choice but to stay amid a series of legal attacks that are “battering” the central bank.