Powell’s final FOMC outlook: rates paused as leadership questions loom

1 min read
Source: Axios
Powell’s final FOMC outlook: rates paused as leadership questions loom
Photo: Axios
TL;DR Summary

All eyes are on Powell as he wraps up his 67th FOMC meeting and faces a potential end to his chair tenure amid ongoing investigations and a high-stakes Supreme Court case; Warsh moves toward Senate confirmation, and the leadership question hangs over the Fed. The policy decision is expected to hold rates steady while inflation remains energy-driven and growth looks solid, with Powell’s post-meeting remarks likely to hint at the path forward.

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