Business
Fed surprise pick could upset markets primed for Powell second term – Sydney Morning Herald
On Wall Street, investors are banking on another four years for Jerome Powell as chair of the Federal Reserve – introducing a…
Replacing Powell right now is like changing your pilot in the middle of a turbulent landing, said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors.
Others said investors would take news of a Powell replacement in their stride if it proves…
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