DOJ won't reopen criminal probe into former Fed Chair Jerome Powell.
This closes a chapter that had markets on edge. Powell's tenure shaped interest rate policy through pandemic stimulus and the subsequent inflation fight. With this behind us, focus shifts fully to whoever leads monetary policy next.
Clarity on Fed leadership always matters for rate expectations and currency markets. One less uncertainty hanging over dollar positioning and treasury yields.
This closes a chapter that had markets on edge. Powell's tenure shaped interest rate policy through pandemic stimulus and the subsequent inflation fight. With this behind us, focus shifts fully to whoever leads monetary policy next.
Clarity on Fed leadership always matters for rate expectations and currency markets. One less uncertainty hanging over dollar positioning and treasury yields.
