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Federal Reserve chair Jerome Powell said on Wednesday that he will stay on as “chair pro tem” if his successor Kevin Warsh is not confirmed by mid-May when Powell's term expires.
Federal Reserve Chair Jerome Powell says he plans to stay at the Fed until after the Justice Department's investigation is complete during a news conference after the central bank's policy-setting Federal Open Market Committee to leave interest rates unchanged.
Federal Reserve chair Jerome Powell answers questions following the FOMC's decision to leave the Federal Funds rate unchanged.
Federal Reserve Chair Jerome Powell says the Fed is in a "difficult situation" and needs to balance current risks during a news conference after the central bank's policy-setting Federal Open Market Committee to leave interest rates unchanged.
On today's episode of CNBC Crypto World, crypto markets are on pace to outperform Wall Street despite a Wednesday pullback driven by hotter-than-expected wholesale data. Also, the SEC and CFTC issue joint guidance on the regulatory classification of crypto assets.
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Federal Reserve Chair Jerome Powell says inflation has eased, but is still "somewhat elevated relative to our 2% longer run goal." -------- More on Bloomberg Television and Markets Like this video?
Powell says he will stay on as head of the Fed until Warsh is confirmed
Rebecca Walser (@walserwealth) tells investors to watch for what dissenters to the FOMC interest rate pause say as macro uncertainties persist. She then turns to the private credit markets and pressures she anticipates lasting in the space.
The Federal Reserve's so-called dot plot showed a median estimate of 3.4% for the federal funds rate at the end of 2026, the same as what it had projected at the end of last year. However, a closer look at the overall dot plot showed the balance of projections moved toward fewer reductions.
Federal Reserve chair Jerome Powell delivers remarks following the FOMC's decision to leave the Federal Funds rate unchanged.
Retail sales are expected to grow by 4.4 percent this year, a stronger pace than in 2025, and well above the 10-year-growth average, according to the National Retail Federation (NRF).
US stock benchmarks struggle yet again, suffering from another rise in WTI. The Middle East conflict is escalating and risk-sentiment backs down ahead of a quintessential FOMC meeting.
The Federal Reserve on Wednesday voted to hold its key interest rate steady as policymakers navigate their way through higher-than-expected inflation readings, mixed signs on the labor market – and a war.
The Federal Reserve leaves interest rates unchanged, but still expects one cut in 2026. The vote was 11-1 to hold the benchmark in a range of 3.5% to 3.75%.
FOX Business White House correspondent Edward Lawrence reports as the Federal Reserve announces its decision to leave rates unchanged on 'Making Money.' 00:00 Edward Lawrence on Fed's Rate Decision and Projections 00:45 Inflation Outlook: Spike Coming Down
Federal Reserve policymakers chose to leave interest rates unchanged at their March meeting amid a softening labor market and uncertainty over the economic impact of the Iran war.
The FOMC voted to keep interest rates unchanged with just one dissenter, Stephen Miran. "It's not surprising," says Tom White, though a surprise could manifest if there are no cuts for 2026 and even a rate hike in 2027 if inflation pressures worsen.
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: KBW President & CEO Tom Michaud, Key Institutional Bank President Randy Paine, McKinsey Senior Partner Amit Garg, Andreessen Horowitz General Partner Angela Strange, and Lincoln International CEO Rob Brown.