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Jerome Powell - a worthy successor to Janet Yellen

He will bring continuity and competence - and maybe a more relaxed approach to regulation. By Vikram Khanna

Mr Powell was appointed to the Fed's governing board by Mr Obama.

AMONG all the high-level appointments US President Donald Trump has made - many of them of questionable - his choice of the next chairman of the US Federal Reserve is probably the most likely to ensure continuity of policy and operating style. Although he is a Republican, 64 year old Jerome...

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