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Jerome Powell to Serve as Chair of the Federal Reserve


Kirk W

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Biden nominates Federal Reserve Chairman Jerome Powell to 2nd term

Asia stocks fall, dollar firm on U.S. rate hike bets after Powell's renomination

Treasuries Fall on Powell; Tech Selloff Spreads: Markets Wrap

Quote

Treasury yields jumped and U.S. index futures signaled a continued selloff in technology shares as traders pruned bets for a dovish-for-longer Federal Reserve after the renomination of Jerome Powell as its chair.

Contracts on the Nasdaq 100 Index fell 0.3% after Monday’s last-hour selloff in technology stocks.

 

Edited by Kirk W

Good travelin !...............Kirk

Full-time 11+ years...... Now seasonal travelers.
Kirk & Pam's Great RV Adventure

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