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Powell confirms he will step aside at the end of his term as chair but remain on the Fed’s board
In his final press conference before he steps down on May 15, Federal Reserve Chair Jerome Powell stressed the importance of Fed independence.
This is expected to be Powell's last FOMC press conference as Fed Chair, with Kevin Warsh awaiting Senate confirmation to take over as early as May.
The first Federal Reserve interest-rate decision of 2026 is nearly here. The policymaking arm of the central bank, the Federal Open Market Committee, will announce its January decision on Wednesday at ...
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