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Powell signals he will stay on the Fed even after stepping down as chair

International
Published on 30 April 2026
Powell signals he will stay on the Fed even after stepping down as chair

Why staying on the board may reshape Fed independence

Federal Reserve Chair Jerome Powell says he plans to remain on the Fed’s Board of Governors after his chair term ends in May. The decision lands as the central bank faces intensifying political scrutiny, raising fresh questions about how leadership continuity could affect the Fed’s perceived independence and market expectations.

  • Powell plans to stay on the Fed Board after May
  • Chair term ends in May, but influence could continue
  • Political scrutiny around the Fed is increasing
  • Investors watch for signals on policy and independence
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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