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Tuesday, January 23, 2018

US Senate confirms Jerome H Powell as next Fed chairman Tuesday Jan 23,2018

The United States Senate on  Tuesday Jan 23,2018 confirmed Jerome H Powell as the next chairman of the Federal Reserve, a powerful post having an influence on global economy.

Powell (64) will replace Janett Yellen, whose term ends in February 2018

Jerome H Powell  was confirmed by the US Senate by an overwhelming vote of 85-12



Currently a Fed governor and former financial-firm executive, Jerome H Powell is expected tocontinue with Janet Yellen’s policies.

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