Wall Street eyes four more years for Powell at Fed

Reuters2021-09-24

(Reuters) - Federal Reserve Chairman Jerome Powell remains favored for renomination by the White House, and if recent history repeats itself a decision may come at any time before the central bank ...

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精彩评论

rhengheng
2021-09-24
rhengheng
So much?
CS2
2021-09-24
CS2
Ok
huathuatking
2021-09-24
huathuatking
Oh
- CS2:
  Ok
jieneng
2021-09-24
jieneng
Like please
- badtzmaru:
  Ok
Huazai
2021-09-24
Huazai
Oh
- Huazai:
  [Smile]
eeez
2021-09-24
eeez
He is OK
- jieneng:
  ok

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A nomination between the previous Fed meeting and the one in November would match a point in the calendar when the last two Fed chair appointments have been announced.\nBiden’s decision comes at a critical juncture for the central bank. With the U.S. stock market trading near record highs, investors expect the Fed to begin tapering its bond buying program in November, following guidance from Powell after the central bank’s most recent meeting on Wednesday.\n(Graphic: The Fed's ballooning balance sheet - )\n\nMany investors were also surprised by a hawkish tilt from the central bank on future rate increases, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022.\n(Graphic: How soon will the Federal Reserve lift rates? - )\nProgressive Democrats want the Fed to take on a more expansive role in the economy, by beefing up efforts to bolster employment, heading off climate risk and addressing inequality. Others want the Fed to stick to its monetary policy lane, pay more attention to fighting inflation and reduce its footprint in financial markets and on the oversight front.\n(Graphic: Key moments for Powell and the S&P 500 - )\n\nPowell’s focus on jobs has won praise from the Biden administration and among the broader community of Democratic policy analysts. A private equity lawyer, Powell has also won endorsements for a second term from some congressional Republicans.\n(Graphic: The Fed and unemployment - )","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":861378318,"gmtCreate":1632464255234,"gmtModify":1632464855863,"author":{"id":"3577612953569737","authorId":"3577612953569737","authorIdStr":"3577612953569737","name":"rhengheng","avatar":"https://static.tigerbbs.com/58bf6b16a89ff371c6c0942ad99039ea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577612953569737"},"htmlText":"So much?","listText":"So much?","text":"So 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