🚨 Powell Ends Final Press Conference
Jerome Powell signs off with a quiet but powerful line
Thank you very much everyone I will not see you next time
No long goodbye
No extra words
Just a moment that closes an era
This was his 66th press conference since taking charge in 2018 including emergency moments during the pandemic
Over eight years the Federal Reserve raised rates 15 times and cut them 11 times shaping one of the most intense economic cycles in recent history
When asked about his legacy he kept it simple
That is for someone else to decide
Next stop June 16 to 17 meeting
All eyes now shift to Kevin Warsh expected to take the lead with Powell still present
A chapter closes but the market story is far from over