Instant Reaction: Jay Powell on the Fed Decision

from Bloomberg Surveillance · host Bloomberg

Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined,” Powell said Wednesday at a press conference.While Powell’s term as Fed chair ends on May 15, his seat on the Board of Governors doesn’t expire until 2028. “I plan to keep a low profile as a governor,” he said. “There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.”See omnystudio.com/listener for privacy information.

NOW PLAYING

0:00 20:48

1×

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

Fika with Rice Fredrik van Huynh Join Fredrik, one of Sweden's top entrepreneurs who's been seen on Forbes Magazine, BBC, Bloomberg, The New York Times, The Financial Times as he interviews some of the most inspirational and remarkable people in the world - turning their life lessons and life hacks into actionable advice you can use in your life no matter your profession or age. What's behind their secret sauce, their paths to success, their life lessons and how they overcome obstacles that stand in the way. If you're ambitious, want to grow and like to continually improve yourself each day, subscribe to the show. You'll love it. UnCommon Law Bloomberg Industry Group On UnCommon Law, legal issues, public policy, and storytelling collide. We'll explore the most important legal stories of the day: Will lawmakers be able to rein in artificial intelligence before it's too late? Can the government ever consider race in college admissions? How much power do federal agencies have to make the rules that shape our lives? Can you sue a haunted house for being too scary? Produced and hosted by Matthew S. Schwartz.Winner of the American Bar Association's Silver Gavel Award for Media and the Arts Masters in Business Bloomberg Bloomberg Opinion columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Odd Lots Bloomberg Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Frequently Asked Questions

How long is this episode of Bloomberg Surveillance?

This episode is 20 minutes long.

When was this Bloomberg Surveillance episode published?

This episode was published on April 29, 2026.

What is this episode about?

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Bloomberg Surveillance episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.

URL copied to clipboard!