In The Spotlight: President Biden picks Powell for second Fed term

Your Way Home with Hongbin Jeong · Nov 23, 2021 · 7m

US markets waited anxiously to find out who President Biden would pick as US Federal Reserve chair, and investors got their answer as Biden nominated Jerome Powell for a second term. The other candidate up for the role was Governor Lael Brainard, who was selected as Vice Chair. Prime Time's Rachel Kelly speaks to Thomas Costerg, Senior US Economist, Pictet Wealth Management who shares his analysis on the decision.See omnystudio.com/listener for privacy information.