#USFedNewChair
US Federal Reserve Chair Update
The current Chair of the US Federal Reserve is Jerome H. Powell. There hasn't been an official announcement about a new chair replacing Jerome Powell. However, it's worth noting that Powell's term as Chair ends in 2026.
*Recent Developments:*
- Jerome Powell led the Federal Open Market Committee (FOMC) to keep interest rates unchanged in the 4.25%-4.5% range in July 2025, citing economic uncertainty and elevated inflation levels.
- Powell emphasized the Fed's commitment to bringing down inflation to its 2% target while supporting maximum employment ¹.
*Federal Reserve Leadership:*
- *Chair:* Jerome H. Powell
- *Vice Chair for Supervision:* Michelle W. Bowman, who was sworn in on May 28, 2025, after Michael S. Barr stepped down from the position on February 28, 2025.
For the latest updates on the US Federal Reserve and its leadership, you can visit the Federal Reserve's official website ².