economy
March 18, 2026
WATCH LIVE: Powell delivers interest rate decision
Federal Reserve Chairman Jerome Powell is set to deliver the central bank’s interest rate decision on Wednesday at 2:30 p.m.
TL;DR
- Federal Reserve Chairman Jerome Powell will announce the interest rate decision on Wednesday.
- The decision is expected to maintain current interest rates.
- The meeting may provide insights into the wartime economy and its effect on fuel prices.
- Powell will resign on May 15, 2026.
- His resignation follows a Justice Department investigation into Fed renovations.
- Kevin Warsh has been nominated as Powell's successor, with confirmation hearings yet to be scheduled.
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