Fed Nominee Powell Another Nod To Practitioners In Key Economic and Regulatory PostMark Melin
There are many similarities between Federal Reserve Governor Jerome Jay Powell, nominated Thursday to become the central bank's Chairman, and outgoing Chair Janet Yellen. But there are also important differences, even if nuanced. Kevin Logan, HSBC’s chief US economist, expects a “continuity in US monetary policy” with perhaps a “lighter touch on bank regulation.” Much like Trump's appointment of derivatives industry leader J. Christopher Giancarlo to head the CFTC, Powell has a strong background . . .
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