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Market Views: What does Powell’s reappointment mean for investments?

Shusi He
The news of Jerome Powell's reappointment as chairman of the Federal Reserve reassured investors that the central bank would continue current policies.
Market Views: What does Powell’s reappointment mean for investments?

Investors expect the reappointment of Federal Reserve Chairman Jerome Powell to have only a limited immediate impact on asset allocation strategies, seeing it as a signal that the Fed will continue with the current pace of rate hikes and tapering.

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