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New variants are a reminder that the US Fed and others are setting policy for an uncertain world
Fed chair’s signal of support for faster ‘taper’ shows top priority is taming prices
Federal Reserve chair Jay Powell is right to retire word that has caused confusion
Also, Glencore and Bluebell
US central bank chair strikes more hawkish tone while acknowledging risk of Omicron variant
Taming inflation while promoting economic recovery will be a big test of his second four-year term
Powell has to secure normalisation of monetary policy as inflation surges and stimulus packages increase demand
US Treasuries under further pressure as some analysts expect ‘hawkish’ Fed tilt
Giving the head of the US central bank a single eight-year term would avoid unnecessary uncertainty
S&P 500 and Nasdaq decline amid new sense of urgency from policymakers and politicians over inflation
Lael Brainard selected to be vice-chair of US central bank as it contends with high inflation
Jay Powell’s reappointment lessens uncertainty at key turn in the cycle
Central bank head begins another four-year stint amid uncomfortably high inflation
r/wallstreetbets weigh on Grandmaster Jay’s return to the Fed chair role.
Fed chair’s stance on climate change criticised as Biden nears choice on central bank leadership
Why should failures in the past drive monetary policy in the future?
Americans fear White House will be unable to tame rising prices even as record numbers quit jobs
Biden’s decision on reappointing Powell to lead the US central bank follows years of controversy over the role
Reappointing central bank chair would provide some much-needed stability
Plus Icarus markets, and Lael Brainard
Jay Powell’s reappointment considered safe choice as the economy recovers and inflation is elevated
Fed incumbent and rival Lael Brainard invited to White House with news on top job expected soon
Also, buybacks and stablecoins
Fed chair insists it is too early to countenance next stage of monetary tightening
Officials face shifting market expectations about whether interest rates will rise sooner than expected