Federal Reserve official Jerome Powell will become chairman of the central bank in February, taking over from outgoing Janet Yellen. Photo: Xinhua
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

‘Press harder on the brakes’ could be the Federal Reserve’s next surprise move

Investors should be wary of a shift to more aggressive policy tightening at the Federal Reserve, as Jerome Powell prepares to take over as chairman next month

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Federal Reserve official Jerome Powell will become chairman of the central bank in February, taking over from outgoing Janet Yellen. Photo: Xinhua
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