The Federal Reserve chair (don’t call her “chairwoman”) quietly achieved rock-star status. Now that she’s leaving, her many fans are sad to see her go.
As Federal Reserve officials struggle to understand why inflation remains low, two of them give their reasons for being on different sides of the debate.
Jerome H. Powell, nominated to be the Fed’s next chairman, told senators he would continue the bank’s current path of monetary and regulatory policies.
Jerome H. Powell plans to tell a Senate committee on Tuesday that he wants to build on the Fed’s approach to monetary and regulatory policy.
By BINYAMIN APPELBAUM and KEVIN GRANVILLE November 2, 2017 Jerome H. Powell will come to the chairman’s job at the Federal Reserve with a wide-ranging résumé. He has worked in investment banking, in law and in government as an...
President Trump breaks with precedent by picking Jerome H. Powell, a Republican on the Federal Reserve’s board, instead of reappointing Janet Yellen.