'NO INTENTION OF LEAVING': Powell REFUSES to step down amid escalating probe
Fox Business
|
March 19, 2026 at 11:15 AM UTC
Bearish
90% Confidence
Watch on YouTube
Key Points
- US futures are mixed, but interest rates (10yr Treasury yield at 4.283%) and Brent crude oil (topping $115) are spiking.
- Fed Chair Jerome Powell vows to stay until Kevin Warsh is confirmed and a DOJ investigation into Powell is 'well and truly over'.
- Experts debate the potential for delayed rate cuts and a recession due to persistent inflation and the Middle East energy shock.
AI Summary
The discussion covers mixed US futures, spiking interest rates, and the Federal Reserve's decision to hold rates steady while projecting only one cut this year. Key concerns include Jerome Powell's commitment to remain Fed Chair amidst a DOJ probe and the stalled confirmation of Kevin Warsh, alongside the economic implications of rising oil prices due to the Middle East crisis.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bearish | 90% |
| Consensus | Bearish | 90% |