Powell’s Final FOMC Meeting Ends With Fed Autonomy In Doubt

Finanțe și Bănci

After eight years as leader of the Federal Board of Governors, Jerome Powell leaves behind a considerable legacy. Jerome Powell concluded his final Federal Reserve Open Market Committee (FOMC) meeting as chair on April 29, but said he would remain on the Board of Governors after his term as chair ends on May 15. His four-year term on the board ends January 31, 2028. Powell’s term was marked by his decisive move at the start of the pandemic to stabilize markets, which could have faced a

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