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Fed's Last Rate Call: Powell Steps Down, Warsh Awaits
Published 4 weeks, 1 day ago
Description
Federal Reserve Chair Jerome Powells last meeting before stepping down, expected to keep rates steady at 3.5-3.75%. Economists agree no cuts due to high inflation and steady job market. Kevin Warsh, Powells replacement, likely to be confirmed by June, with potential for one rate cut later this year.
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