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The Big Picture brings together a range of PS commentaries to give readers a comprehensive understanding of topics in the news – and the deeper issues driving the news. The Big Question features concise contributor analysis and predictions on timely topics.
Reserving Judgment on Powell
The sigh of relief that has greeted US President Donald Trump’s selection of Jerome Powell to chair the US Federal Reserve Board may be premature. Certainly, the fact that Trump, in appointing Powell, broke with a number of well-established Fed traditions suggests that his efforts to capture US institutions remain a priority.