Instant Reaction: Jay Powell on the Fed Decision

Instant Reaction: Jay Powell on the Fed Decision

Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined,” Powell said Wednesday at a press conference.

While Powell’s term as Fed chair ends on May 15, his seat on the Board of Governors doesn’t expire until 2028. “I plan to keep a low profile as a governor,” he said. “There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.”

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Episoder(2792)

Brooks Running CEO Dan Sheridan Talks Running Shoes

Brooks Running CEO Dan Sheridan Talks Running Shoes

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1 Mai 11min

NASA Administrator Jared Isaacman Talks US Space Travel

NASA Administrator Jared Isaacman Talks US Space Travel

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Roblox CEO Dave Baszucki Talks Slashing Forecast & Stock Selloff

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Charles Schwab's Liz Ann Sonders Talks Surging Oil Prices

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Royal Caribbean Cruises President & CEO Jason Liberty Talks ERNINGS

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30 Apr 6min

Qualcomm CEO Cristiano Amon Talks Earnings

Qualcomm CEO Cristiano Amon Talks Earnings

Qualcomm CEO Cristiano Amon discusses earnings as they progress in the AI realm. Amon spoke with Bloomberg's Caroline Hyde and Ed Ludlow.See omnystudio.com/listener for privacy information.

30 Apr 8min

Bank of England Governor Andrew Bailey Talks Post-Rate Decision

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30 Apr 7min

NEC Director Kevin Hassett Talks Powell Staying at Fed, Inflation and Oil Spike

NEC Director Kevin Hassett Talks Powell Staying at Fed, Inflation and Oil Spike

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30 Apr 13min

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