Jerome Powell Concludes Eight-Year Term as U.S. Federal Reserve Chair
U.S. Federal Reserve Chair Jerome Powell concludes his eight-year term this week but will remain as a governor of the central bank.
Central Banking
US Senate Confirms Kevin Warsh to Federal Reserve Board, Paving Way for Chairmanship
The US Senate has confirmed Kevin Warsh as a Federal Reserve governor, clearing the path for his potential appointment as Fed Chair before Jerome Powell’s term ends this Friday.
China Scraps Forex Risk Reserve Ratio to Boost Market Flexibility
China removes 20% forex risk reserve ratio effective March 2026, aiming to enhance market flexibility and stabilize the yuan amid global economic shifts.
Global Central Bankers Rally Behind Fed Chair Amid Unprecedented Legal Pressure
Global central bankers unite in support of Fed Chair Powell as unprecedented legal challenges spark debates about central bank independence and political pressures in economic governance.