It’s the third Fed day of the year \u2014 and it’s set to be Jerome Powell’s swan song.<\/p>\n
The Federal Open Market Committee will announce its April interest rate decision<\/a> at 2 p.m. ET. Powell’s term ends on May 15, making this meeting his last, pending the confirmation of Kevin Warsh<\/a>, Trump’s nominee to be the next Fed chair. The meeting also comes amid a new development in the Department of Justice probe into the Fed’s construction efforts on its DC buildings, a continued stalemate in the Strait of Hormuz, and ongoing inflation woes.<\/p>\n Business Insider will cover the news all day, including insights from economists, market analysts, and central bank leaders. Check back here for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"It’s the third Fed day of the year \u2014 and it’s set to be Jerome Powell’s swan song.…\n","protected":false},"author":2,"featured_media":416779,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[196731,196732,3962,18962,9561,3065,42,174007,932,118946,5160,43,28555,38857,40,38,41,39,627,7128,1661],"class_list":["post-416778","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-central-bank-leader","tag-confirmation","tag-day","tag-department","tag-economist","tag-fed","tag-headlines","tag-high-energy-price","tag-inflation","tag-kevin-warsh","tag-meeting","tag-news","tag-powell","tag-rate","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-trump","tag-wednesday","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/416778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=416778"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/416778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/416779"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=416778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=416778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=416778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}