✦ The Forecast: The next Fed chair ...Middle East

Quartz - Economy
✦ The Forecast: The next Fed chair
source : Quartz ( Middle East ) () 5
The most powerful person in the global economy? That’ll be your US Federal Reserve chair. With their every utterance, the agenda-setter for US monetary policy and banking regulation moves financial markets and sends central bankers in smaller economies scrambling.Right now, Jay Powell is in the hot seat. The Republican lawyer, chosen for the job by president Donald Trump in 2018, has won plaudits for embracing a decidedly dovish approach to managing the economy. With his term as chair expiring in early 2022, president Joe Biden now faces the decision of whether to reappoint him for a second term or tap a new person for the all-important role, with an announcement e

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