Fed Chair Powell (Q&A) says he does not want to guess about future policy, notes we will have a new leadership in June in all likelihood

Newsquawk StaffFederal Reserve newsPublished 29 Apr 2026, 19:05 UTC

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18:47

Fed Chair Powell (Q&A) says he has not seen Kevin Warsh since January, has not spoken to him recently on policy

18:47

Fed Chair Powell (Q&A) says every incoming Chair looks at Fed communications; feels that will happen, and that is appropriate

18:45

Fed Chair Powell (Q&A) says he does not want to guess about future policy, notes we will have a new leadership in June in all likelihood

18:44

CRUDE WRAP: WTI (M6) SETTLES USD 6.95 HIGHER AT USD 106.88/BBL; BRENT (N6) SETTLES USD 6.04 HIGHER AT 110.44/BBL

18:43

Fed Chair Powell (Q&A), asked about the easing bias, says had vigorous debate on guidance today; a number see hike as likely as cut has moved up

On the Newsquawk feed at 18:45, 20 minutes before this page.

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A move away from an easing bias could come as soon as the next meeting

Context

Fed Chair Powell's remarks signal a potential shift away from an easing bias, which could occur as soon as the next meeting, implying market participants should prepare for tighter monetary policy. This suggests a more hawkish outlook than previously expected, which could strengthen the USD and impact fixed income markets as investors reassess their rate path forecasts.

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