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Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts

The New York Times – Business:

The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.

Colby Smith
Author: Colby Smith

This post first appeared in The New York Times – Business. Read the original article.

Written by

Colby Smith

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Appointments and Executive Changes, Banking and Financial Institutions, Bessent, Scott, Federal Reserve System, Justice Department, Powell, Jerome H, Prices (Fares, Fees and Rates), Senate Committee on Banking, Tillis, Thomas R, Trump, Donald J, United States Economy, Waller, Christopher (1959- ), Warsh, Kevin M
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