Will he stay or will he go? Powell is not saying whether he'll stay on Fed board when chair term ends

Fed Chair Jerome Powell has skirted the question of whether he will remain with the Fed after his term ends this year. This uncertainty is significantly impacting the markets, as investors focus on how Powell's decision might relate to interest rate policies and liquidity in the market. Discussions continue around ongoing rate hikes as inflation management strategies and potential shifts in monetary policy. The market eagerly awaits any public statements from Powell, as shifts in expectations around Fed policies could have substantial implications. Amid increasing uncertainty regarding the Fed's policies, investors should proceed with caution, particularly in the context of U.S. long-term interest rates and their future guidance.