As news of the possible reappointment of Federal Reserve Chair Jerome Powell circulates, we urge President Biden to re-imagine a Federal Reserve focused on eliminating climate risk and advancing racial and economic justice.
First of, please remember we're not here to discuss politics. We're here to discuss the financial ramifications. Two questions.
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How likely is it that Powell get replaced?
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If Powell gets replaced by a more "progressive" Fed Chair, what would that mean for the stock market? For example, would he continue to keep rates low?
Submitted September 01, 2021 at 03:03AM by r2002 https://ift.tt/3zz5bfP
