Svmuu News According to Nick Timiraos, known as the "Fed whisperer," who cited informed sources, Powell plans to remain as a Fed governor after stepping down as chair in May 2026. This practice is historically rare, and his decision is believed to be related to a series of recent institutional and legal uncertainties. Sources say Powell’s primary goal in staying on is to maintain monetary policy continuity during a critical phase, ensuring the Fed can operate independently within its existing framework. Insiders noted that related investigations and institutional controversies have, to some extent, strengthened his willingness to continue serving.
Analysts believe that while this move helps stabilize policy expectations, it may also have certain implications for the transition to a new chair and the internal decision-making mechanism. There remains uncertainty regarding the length of his tenure and his specific role going forward. (Jinshi)
Powell Plans to Remain as Governor After Stepping Down as Chair, Emphasizing Continuity of Policy Stability and Institutional Independence
Source:Odaily · Source Link
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