Fed Chair Powell Won't Say What His Next Move Is

Bloomberg Markets and Finance | January 28, 2026 at 09:15 PM UTC
Neutral 90% Confidence
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Key Points

  • Powell defends his attendance at a Supreme Court hearing, citing its importance to the Fed's history and precedent set by former Chair Paul Volcker.
  • Powell declines to elaborate on a previous statement regarding political controversies or discuss whether he is concerned about drawing the Fed into political debates.
  • Powell states he has no information regarding his decision to remain as a Federal Reserve governor after his term as chair concludes in May.

AI Summary

Federal Reserve Chair Jerome Powell addresses questions regarding his attendance at a Supreme Court hearing, defending it as appropriate due to the case's significance to the Fed. He also declines to comment on his future at the Federal Reserve or a DOJ probe, stating these are not topics for the current press conference.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Neutral 90%
Consensus Neutral 90%