Federal Reserve official Jerome Powell will become chairman of the central bank in February, taking over from outgoing Janet Yellen. Photo: Xinhua
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
Updated: Friday, 20 Jul, 2018 2:55pm
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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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