JPMorgan's top economist says there's a 'significant chance' Powell could be out as Fed chairman

6 days ago

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee proceeding connected coronavirus crisis, connected Capitol Hill successful Washington, June 22, 2021.

Graeme Jennings | Pool | Reuters

JPMorgan's main U.S. economist says there's a "significant chance" Jerome Powell volition not beryllium nominated to a 2nd word arsenic president of the Federal Reserve, adjacent though the cardinal slope chief's effect to the pandemic has been viewed positively.