Jerome Powell : la rencontre qui retient son souffle

Jerome Powell en United Kingdom fait l'actualité ce jeudi. Selon BBC News, the Federal Reserve has held US interest rates steady after what was expected to be Jerome Powell's final meeting as chair.

Les faits

• The Federal Reserve has held US interest rates steady after what was expected to be Jerome Powell's final meeting as chair.
• In what may have been Chair Jerome Powell's final meeting at the helm, the rate-setting Federal Open Market Committee voted to hold the benchmark funds rate in a range between 3.5%-3.75%.
• Powell's news conference after holding rates covered the US-Israel war with Iran, inflation, legal attacks, and the Fed's independence.
• Hours after his successor Kevin Warsh won the backing of a key Senate committee to take up the role next month, Powell announced the Fed's rate would stay between 3.5% and 3.75%.
• Though this is expected to be Powell's last meeting as chair, his term as a Fed governor does not expire until 2028.

L'essentiel

CNBC indique que In what may have been Chair Jerome Powell's final meeting at the helm, the rate-setting Federal Open Market Committee voted to hold the benchmark funds rate in a range between 3.5%-3.75%. D'après BBC News, Powell's news conference after holding rates covered the US-Israel war with Iran, inflation, legal attacks, and the Fed's independence. Comme le souligne BBC News, Hours after his successor Kevin Warsh won the backing of a key Senate committee to take up the role next month, Powell announced the Fed's rate would stay between 3.5% and 3.75%. Selon BBC News, though this is expected to be Powell's last meeting as chair, his term as a Fed governor does not expire until 2028.

Les chiffres

BBC News indique que the only question remaining is whether his confirmation will come in time for the end of Powell's term on 15 May. D'après CNBC, In a term generally marked by consensus building and few dissents, Chair Powell concludes his term with 4 dissents," Brent Schutte, chief investment officer at Northwestern Mutual, wrote in an email. Comme le souligne CNBC, the full Senate is widely expected to follow suit, setting up the Fed's first leadership change since Powell took over in 2018. Selon CNBC, If the matter isn't resolved and Powell's stays on it would mark the first time a sitting chair didn't leave the Board of Governors since Marriner Eccles in 1948.

Le contexte

Selon CNBC, the meeting likely was the last with Chair Jerome Powell at the helm. BBC News indique que it followed continued pressure from US President Donald Trump on the Fed to lower interest rates, with the Trump having criticised Powell throughout his presidency. D'après BBC News, Warsh is expected to face the same pressure from the president, but has vowed to uphold the central bank's independence when he takes over from Powell. Comme le souligne BBC News, after the bank's latest decision on Wednesday, Powell gave a press conference covering topics from the US-Israel war with Iran to Trump's attacks on the Fed.

Recherches associées

Les recherches associées qui dominent la conversation : A la tête de la Fed, la der des ders de Jerome Powell • 🔴Pétrole à 126 dollars, résultats de Google et Microsoft, Powell fait de la résistance... L'essentiel de l'actualité ce jeudi 30 avril • Jerome Powell souligne l’importance d’avoir une Fed « affranchie des influences politiques » • La Fed maintient ses taux, Jérôme Powell annonce qu'il restera au conseil • Jerome Powell tire sa révérence comme président de la Fed, mais restera gouverneur au grand dam de Donald Trump • La Fed passe son tour, Jerome Powell aussi.

À retenir

• Though this is expected to be Powell's last meeting as chair, his term as a Fed governor does not expire until 2028.
• The only question remaining is whether his confirmation will come in time for the end of Powell's term on 15 May.
• The meeting likely was the last with Chair Jerome Powell at the helm.
• Recherches qui explosent : A la tête de la Fed, la der des ders de Jerome Powell, 🔴Pétrole à 126 dollars, résultats de Google et Microsoft, Powell fait de la résistance... L'essentiel de l'actualité ce jeudi 30 avril, Jerome Powell souligne l’importance d’avoir une Fed « affranchie des influences politiques », La Fed maintient ses taux, Jérôme Powell annonce qu'il restera au conseil.