Monday, November 22, 2021

White House nominates Fed chair Jerome Powell for 2nd term, ending speculation

USA-FED/BRAINARD

President Joe Biden announced Monday that he's nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell's stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize the job market.



source https://www.cbc.ca/news/business/us-fed-powell-brainard-1.6258011?cmp=rss

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