Summary
- The White House said its inquiry into Federal Reserve Chair Jerome Powell has not concluded and remains underway.
- Markets are focused on how uncertainty surrounding the Fed chief could affect the path of monetary policy and financial markets.
- The outcome of the inquiry and any personnel decisions remain key variables.
Forecast Trend Report by Period
The White House said an inquiry involving Federal Reserve Chair Jerome Powell is still underway, prolonging uncertainty over US monetary policy leadership.
On April 24, the White House said the inquiry related to Powell has not concluded and remains in progress.
It did not disclose details on the nature or scope of the inquiry.
Markets are focused on how uncertainty surrounding the Fed chief could affect the path of monetary policy and financial markets. The outcome of the inquiry and any personnel decisions remain key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
