Will he stay or will he go? Powell is not saying whether he'll stay on Fed board when chair term ends
CNBC·2026-01-02 12:35
It's one of the most important questions surrounding the Federal Reserve in 2026, and Fed Chair Jerome Powell has been pointedly mum."I'm focused on my remaining time as chair," Powell said at the December press conference. "I haven't got anything new on that to tell you."The question: whether Powell will remain on the Fed once his chairmanship ends in May. He will have two years left on his term as governor and Powell himself has invited the speculation by repeatedly refusing to answer the question.It's a ...