WASHINGTON: The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of the U.S. central bank, with his four-year term due to expire in May of 2026.
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges as well as an opportunity to close out some unfinished business.
