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Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.
He became a member of the Federal Reserve Board of Governors after being nominated to the post by President Barack Obama in 2012, he was subsequently elevated to chairman by President Donald Trump (succeeding Janet Yellen), and renominated to the position by President Joe Biden.
May 1, 2024 · Federal Reserve chairman Jerome Powell and his colleagues voted to hold interest rates steady at a 23-year high on Wednesday. The central bank is trying to curb stubborn inflation.
May 23, 2022 · Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell's oath was administered by Vice Chair Lael Brainard in the press briefing room of the Board's Martin building.
May 1, 2024 · By Steve Matthews. May 1, 2024 at 12:32 PM PDT. Listen. 1:47. Here are the key takeaways from the Federal Open Market Committee ’s interest-rate decision and Federal Reserve Chair Jerome Powell ...
Nov 22, 2021 · Jerome Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018, for a four-year term ending in February 2022. His term as a member of the...
May 1, 2024 · Central bank policymakers held steady on interest rates at the conclusion of their meeting, a move that was widely expected by the markets. The fed funds target rate remains at its 5.25% to 5.5% ...
