sans titre 48

These couples of stars with a big height difference

When your boss asks 6 things to do and you say you get it

30 very awkward moments that we’ve all been through

Heather Locklear

What do the actors from the 80’s and 90’s look like today?

sans titre 51

The hottest women in the world in 2021

Write a letter to your ex without ever actually sending it

How to get over a break up when it literally feels impossible

The Kardashian curse

15 shocking things we learned from the Kardashian Reunion Special

SELENAGOMEZ – HOME VALUED AT $4 MILLION, TEXAS

The craziest celebrity homes of all times

Pisces

The best and worst part of dating each zodiac sign

Activities for couples

Crazy makeover leaves married couple of 50 years stunned

sans titre 35

26 crazy tips found on the internet that don’t work!

The U.S. president appointed Jerome Powell as chairman of the U.S. central bank (Fed) on Monday for a second four-year term, while Lael Brainard, the institution&#8217;s only Democratic governor, became vice chairman, a choice that marks a desire for continuity. The New York Stock Exchange opened sharply higher on Monday, reacting with a smile to Powell&#8217;s reappointment as head of the U.S. central bank.<div id=dfp_inread class=DFPinread></div> The American head of state has finally decided after several weeks of suspense. The White House has in a statement, praised &#8220;the decisive action of President Powell and the Federal Reserve to cushion the impact of the pandemic and put the U.S. economy back on track.&#8221; &#8220;Chairman Powell provided steady leadership during an unprecedentedly difficult period,&#8221; while &#8220;Lael Brainard &#8211; one of our nation&#8217;s leading macroeconomists &#8211; played a key role at the Federal Reserve, working with Powell to help fuel our nation&#8217;s strong economic recovery,&#8221; it said.  In financial markets, the dollar and U.S. bond yields rose after the announcement of Jerome Powell&#8217;s reappointment. The dollar index, measuring the evolution of the greenback against a basket of reference currencies, advanced by 0.39% at 14:30 GMT, the highest since July 2020. An expected decision This decision of the White House was very awaited, and delicate for Joe Biden, who is in full negotiations in the Congress on his plans of investments. This choice is one of the most important economic decisions of the President of the United States. Jerome Powell, 68, has led the powerful Federal Reserve since 2018. This lawyer and former investment banker multi-millionaire had been appointed governor by Barack Obama in 2012, then president by Donald Trump in 2017. His nomination must now be confirmed in the Senate, first by the Banking Committee and then by the full Senate. He should have enough support to be able to remain as the Fed&#8217;s number one. However, some elected officials from the left wing of the Democrats have announced that they will not give him their votes, judging his action on climate change to be too timid. Lael Brainard dismissed Lael Brainard, the only Democratic governor of the Fed, was his main competitor. Like Jerome Powell, she had been received by Joe Biden at the White House in early November. But her profile was much less consensual. Her positions in favor of stricter banking and financial regulations, in particular, could have cost her approval by the Senate, a failure that Joe Biden could not afford. US faces strong inflationary pressure The strong economic recovery in the US is driving up price fever in a wide range of sectors. Inflationary pressures continue to build. In October, the consumer price index rose to 6.2%, well above economists&#8217; expectations. As much as to say that the new mandate of the freshly renewed Fed president looks very complicated. While the central bank has already announced a reduction in its asset purchases, a too rapid tightening of monetary policy could break the recovery that will be decisive in the coming months. Above all, the Fed, unable to reach its 2% inflation target for years, had announced in late summer 2020 that it was revising its inflation target to average 2% over time. This change was intended to allow the Biden administration&#8217;s economic stimulus plans to benefit from a more accommodating monetary policy toward inflationary pressures. The continuation of this price rise could upset the Democratic president&#8217;s plans.

Biden reappoints Jerome Powell to head the Fed

President Biden Announces His Nominees For Federal Reserve Chair And Vice Chair