Stock investors fared very well under Powell. Bond investors, not so much

Finanțe și Bănci

As Federal Reserve Chair took the podium for what was probably his last press conference leading the central bank, investors began drawing conclusions on what his tenure has meant for Wall Street. Powell has served as chair of the board of governors since 2018. Kevin Warsh — Powell's nominated successor who's expected to take over next month — was cleared by the Senate Banking committee on Wednesday in preparation for a final Senate confirmation vote. Powell's exit as chair comes with the stock

din zilele anterioare