Tag: Federal Reserve

FILE PHOTO: Powell testifies on his nomination to become chairman of the U.S. Federal Reserve in Washington
US Senate confirms Jerome Powell as next Fed chair

Washington: US Senate on Tuesday confirmed Jerome Powell as the next chairman of the Federal Reserve. In a bipartisan vote of 85-12, senators approved Powell to lead the central bank in a term of four years. Powell is to succeed current Fed chair Janet Yellen when her terms expires on February 3, reports Xinhua. Powell […]

  • Wednesday, 07 July 2021
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