The Korea Herald · All News

Powell era ends with rates on hold, vows to stay on as Fed governor

· By Reuters
Story summary

WASHINGTON (Reuters) -- US Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank ‌on Wednesday with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the agency's independence from Trump administra…

Read at The Korea Herald

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.

Your local edition.

Choose a timezone for story timestamps and date filters.