00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Federal Reserve policymakers will meet this week in Washington in what may be Jerome Powell's final meeting as chair,
00:08with energy prices elevated and the Iran war prolonging uncertainty, according to Reuters.
00:14Powell is expected to oversee a vote to hold the benchmark rate at 3.50% to 3.75%, where
00:21it has remained since December.
00:22The Justice Department dropped a probe into Fed renovations, removing a key obstacle to confirming successor Kevin Warsh.
00:29Policymakers will debate whether to signal potential rate hikes if inflation accelerates as oil prices rise and supply chains remain
00:36disrupted.
00:38Powell may also address whether he will remain on the Board of Governors through 2028.
00:42For all things money, visit Benzinga.com.
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