Fed's Powell says he will stay on as governor after chair te

Fed's Powell says he will stay on as governor after chair term ends

April 29 (Reuters) - Federal Reserve Chair Jerome ‌Powell said on ‌Wednesday he will stay ?on as a central bank governor when his leadership term ‌ends next ?month.

“After my term as chair ?ends on May 15, I will ?continue to ?serve ?as a ‌governor for a period of time to be determined. I plan to keep a ‌low profile ?as a ?governor,” ?Powell said ‌in a press ?conference ?following the latest Federal Open Market Committee ?meeting.

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