Event Overview
Fed keeps interest rates steady in 11–1 vote in Jerome Powell’s last meeting as chairman
Markets had widely expected the central bank to hold its benchmark rate in the 3.5% to 3.75% range. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include New York Post, Al Jazeera.
Left / left-center
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Center
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Right / right-center
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Fed keeps interest rates steady in 11–1 vote in Jerome Powell’s last meeting as chairman
Jerome Powell said he plans to stay put at the Federal Reserve as a governor after his term as chairman expires next month — even as the central bank voted on Wednesday to hold interest rates steady. In a dramatic move that breaks with decades of precedent, Powell confirmed he will stay on as a member of the Fed’s.
Senate panel advances Kevin Warsh’s nomination for US Fed chair
Kevin Warsh has passed a major hurdle to become the next chair of the United States Federal Reserve. Warsh, US President Donald Trump’s handpicked choice to succeed current chairman Jerome Powell, whose term is set to end on May 15, was approved by the Senate Banking Committee on Wednesday. The committee voted along.