Fed Chair Powell (Q&A) says he has not come to a decision on whether he will remain a Governor when his term as Chair expires; will not be getting into it today
Fed Chair Powell’s indecision about his future post-terms suggests uncertainty at the top of the Federal Reserve.
Fed Chair Powell (Q&A) says incoming data shows clear improvement for the outlook; inflation performed about as expected; overall, it is a stronger forecast
Fed Chair Powell (Q&A) says Fed does not comment on the USD; will not comment on the USD
Fed Chair Powell (Q&A) says he has not come to a decision on whether he will remain a Governor when his term as Chair expires; will not be getting into it today
Fed Chair Powell (Q&A) says case of Fed’s Cook is perhaps the most important case in the Fed’s legal history
Fed Chair Powell (Q&A) says getting through the data distortions from the shutdown, distortions in data is no longer material
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This could weigh on market expectations, particularly regarding future policy and guidance, potentially leading to volatility in the USD and fixed income as traders assess the implications for continuity in leadership and policy direction.
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