It would seem like a pretty good time to take over as chairman of the Federal Reserve. Jerome Powell has won Senate confirmation to head the U.S. central bank, inheriting an economy on a roll, a booming stock market and unemployment at a 17-year low. He will succeed Janet Yellen, the first woman to serve […]
Trump’s pick for Fed Chairman is fully equipped for the job
As a choice to lead the Federal Reserve, Jerome Powell defies any recent mold. He isn’t a trained economist. He’s produced no trail of research. He built a fortune as an investment manager. Yet by the reckoning of Fed analysts — those who know him and those who don’t — Powell is equipped to lead […]