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Wall Street on a high as Biden taps Jerome Powell for another term as Federal Reserve chair – ABC News

The news that Jerome Powell will be re-appointed for another four years as Fed chair has US markets rallying despite the prospect…

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Australian shares are expected to trade flat on Tuesday, despite Wall Street rising on news that the United States’s central bank will continue to be led by Jerome Powell.

  • US president Joe Biden nominated Jerome Powell for a second four-year term as US…

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