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Headline
Compared to incoming Fed chairs over the past 40 years, Powell has about average policy experience. Named to the Fed Board of Governors in 2012, Powell will have had nearly six years of direct work conducting monetary policy before taking the helm.
Abstract
To no one’s surprise, Janet Yellen announced that she will resign her appointment as a Fed governor when she is replaced as chair on February 3, 2018. That means incoming chairman Jay Powell will take the helm with a nearly empty Fed Board of Governors.About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
FMI's reports are driven by data releases in the U.S. And here are the major releases that they cover,
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