Powell

As Powell Steps Down, the Fed Confronts a "Regime Change"

Federal Reserve Chair Jerome Powell has officially stepped down, marking the beginning of a new era of uncertainty for the world’s most influential central bank. Powell’s tenure spanned the COVID-19 pandemic, historic inflation spikes, and the most aggressive rate-hiking cycle in decades. The Fed now faces what analysts are calling a “regime change.” The new leadership will inherit an economy where inflation remains stubbornly persistent – the 30-year US Treasury yield has just broken to its highest level in nearly 20 years, sending global bond markets reeling. ...

'Numbskull, Moron and Too Stupid': Trump and Powell's Biggest Clashes

As Fed Chair Jerome Powell prepares to step down and Trump’s nominee Kevin Warsh takes over, a look back at the most fractious public clashes between two of America’s most important economic figures — from ’numbskull’ to ’too stupid’ personal attacks.

Fed April Meeting Begins: Powell's Final Rate Decision in Focus

The Federal Reserve’s April monetary policy meeting begins today with markets widely expecting rates to hold steady. This may be Chair Jerome Powell’s final rate decision before his term ends.

Fed Expected to Hold Rates Steady at What May Be Powell's Final Meeting

The Fed is expected to keep interest rates unchanged at its April meeting, which could be Chair Jerome Powell’s last, as Kevin Warsh’s confirmation process advances in the Senate.

Fed Expected to Hold Rates Steady as Powell-Warsh Transition Looms

The Federal Reserve is widely expected to hold rates steady at its April meeting as Iran-related risks drive inflation concerns and the potential Powell-to-Warsh transition adds uncertainty.