{"id":54483,"date":"2021-11-10T00:38:43","date_gmt":"2021-11-09T20:38:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54483"},"modified":"2021-11-10T01:22:42","modified_gmt":"2021-11-09T21:22:42","slug":"will-lael-brainard-be-powells-successor-as-fed-chair","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/will-lael-brainard-be-powells-successor-as-fed-chair\/11\/10\/market-updates\/","title":{"rendered":"Will Lael Brainard be Powell\u2019s Successor as Fed Chair?"},"content":{"rendered":"\n<p>The biggest signal that Federal Reserve Governor Lael Brainard is a major candidate to succeed Jerome Powell as U. S. Fed Chair has generated a wave of speculations over how financial markets would react if Biden announced her as his nominee.<br><br>The longest wait for the announcement in the modern era had already spurred uncertainty that Powell could win another term of four years when his current term ends next February.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Treasury yields sank following the report as investors debated whether Brainard would follow through on the Fed\u2019s latest asset-purchase tapering timeline or hold off on raising interest rates for a longer period than currently anticipated.<\/p>\n\n\n\n<p>Brainard\u2019s appointment would mean more bullish trend for the bond market. That\u2019s because she would likely keep rates lower for longer and be less aggressive when eventually hiking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The biggest signal that Federal Reserve Governor Lael Brainard is a major candidate to succeed Jerome Powell as U. S. Fed Chair has generated a wave of speculations over how financial markets would react if Biden announced her as his nominee.The longest wait for the announcement in the modern era had already spurred uncertainty that &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7214,7993,6885,7580,7164,7533],"class_list":["post-54483","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-biden","tag-brainard","tag-fed","tag-monetary-policy","tag-powell","tag-white-house"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54483"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54483\/revisions"}],"predecessor-version":[{"id":54493,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54483\/revisions\/54493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53116"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}