Kevin Warsh

The Federal Reserve meets this week in what could be Jerome Powell’s final policy meeting as chair. With energy prices still elevated due to the Middle East conflict, policymakers face a tough balancing act between inflation risks and slowing growth concerns. Markets are closely watching what signals the Fed gives next. Will policymakers hint at future rate hikes if inflation worsens? Or will uncertainty keep them cautious? Meanwhile, Kevin Warsh’s path to taking over has cleared a key hurdle, raising questions about leadership transition and future policy direction. All eyes are now on Powell’s final remarks and what they reveal about the road ahead for the US economy.

The Ponzi scheme that asset markets globally have become will not end if the Federal Reserve is helmed by John Taylor or Jerome Powell

US President Donald Trump is leaning toward picking US Federal Reserve governor Jerome Powell to lead the US central bank

John Taylor, a candidate for Federal Reserve chairman, makes favourable impression on President Donald Trump after an hour-long interview at the White House last week

White House is searching for the next generation of Fed chief who is willing to roll back financial regulations, and have experience in monetary policy, consensus-building skills

The White House has confirmed the meeting took place on Tuesday between US President Donald Trump and former Fed governor Kevin Warsh

US Federal Reserve chair Janet Yellen's appearance before a congressional committee on Wednesday had, at times, the feel of a retirement send-off