Jerome Powell staying on as governor and Kevin Warsh’s unclear stance signal a new era of policy uncertainty for markets.

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Powell’s term as the central bank chair expires next month.

The central bank chair said he had “no choice” but to remain at the Federal Reserve as it faces a “series of legal attacks.”

The Federal Reserve on Wednesday released its latest decision on interest rates.

Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.

Powell's news conference after holding rates covered the US-Israel war with Iran, inflation, legal attacks, and the Fed's independence.

The outgoing leader may be staying on in a lesser capacity, but he won't be a spoiler in Kevin Warsh's Fed.

Jerome Powell staying on as governor and Kevin Warsh’s unclear stance signal a new era of policy uncertainty for markets.

When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.