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I just noticed an upcoming significant milestone. Jerome Powell, the head of the Federal Reserve, will end his term as Chairman in just 18 days, specifically on May 15th. This means the last meeting Jerome Powell will preside over is scheduled for April 29th, which is only two days away.
Interestingly, although his Chairmanship term is ending, his membership in the Board of Governors will continue until January 2028. However, as a convention, most former chairmen usually resign from the Board after their official term ends.
This decision by Jerome Powell will have a significant impact on global monetary policy. The market is currently closely watching, and his final moves before stepping down could influence the trend of many assets, from cryptocurrencies to traditional markets. Some tokens like BNB, DYDX, and NEO are also reacting to news related to Jerome Powell's policies and the future of interest rates.