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Fed chair Powell's unscripted style sets stage for a rocky 2019

Markets are bracing for next year for more of Jerome Powell's conflicting signals and peculiar remarks

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Mr Powell's non-textbook and more folksy style may have been part of his appeal to Mr Trump, but it has arguably contributed to market volatility as investors hang on Mr Powell's every word for clarity on how much further the Fed may raise rates.

Washington/San Francisco

JEROME POWELL had a bumpy first year as Federal Reserve chairman when it came to talking policy, by turns spooking and comforting investors even as economic data offered increasingly mixed signals and President Donald Trump stepped up his attacks on the US central...

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