Fed keeps rates on hold, Powell says he will remain in place until successor confirmed

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Fed holds rates steady as Powell vows to stay until a successor is confirmed, potentially extending his term beyond May 15. This fuels a standoff with Trump over Warsh’s nomination, which the Senate blocks amid a criminal investigation.
#Federal Reserve #Jerome Powell #Kevin Warsh #interest rates #Trump administration #Senate confirmation #political standoff
18/03 21:22 axios.com
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Fed keeps rates on hold, Powell says he will remain in place until successor confirmed

Federal ReserveJerome PowellKevin Warshinterest ratesTrump administrationSenate confirmation
18/03 22:52 nytimes.com

Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed

UNITED STATES POLITICS AND GOVERNMENTAPPOINTMENTS AND EXECUTIVE CHANGESPOLITICSINTEREST RATESECONOMYEARTHQUAKE
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