Powell still favorite for Fed reinstatement but investors examine... > 고객후기

본문 바로가기


고객후기

Home - 고객센터 - 고객후기

고객후기

Powell still favorite for Fed reinstatement but investors examine...

페이지 정보

작성자 Bridget 작성일22-10-11 22:09 조회42회 댓글0건

본문


By David Randall

NEW YORK, Oct 15 (Reuters) - Jerome Powell may still be the clear favorite to get renominated as Federal Reserve Chairman, but some investors are considering the long-shot alternative should there be a surprise change.

Powell's odds in betting markets have fallen following sharp criticism of his performance by progressive Democrats and a trading scandal among Federal Reserve officials.

Online betting website PredictIt now gives website Powell a 76% chance of being confirmed by the U.S.

Senate, down from a 90% chance on September 12 although up from a 61% chance in late September, while the odds that Federal Reserve Governor Lael Brainard will be nominated have increased to 18% from a low of 6% in September.

Brainard, online betting who was nominated to the Fed board by former President Barack Obama in 2014, is widely seen as more dovish than Powell in part because of her push to retain super-easy monetary policy until there is more progress on job recovery. website
Should Brainard be chosen as the next Fed chair, the Fed could extend its dovish policies and push back the central bank's timeline for raising interest rates beyond 2022, but that could result in a series of rapid rate increases down the line if high inflation persists and the Fed is behind the curve, investors and analysts said.

댓글목록

등록된 댓글이 없습니다.