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Stock impact report

What to Expect From Federal Reserve Chair Jerome Powell’s Tenure [Fortune]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Fortune
Friday marked the last day for Janet Yellen as the head of the Federal Reserve, giving way to her successor, 64-year-old Jerome Powell. Powell previously worked as a partner at private equity firm The Carlyle Group and was nominated to the Fed’s Board of Governors by President Barack Obama in 2011. He is expected to be sworn into the position, arguably among the most powerful after President Donald Trump, Monday. Powell takes over at a rosy time for the U.S. and world economies. Most recently, the U.S. economy added 200,000 jobs in January, according to the Bureau of Labor Statistics, better than what economists had predicted. Major companies have signaled benefits from the current administration’s deregulatory stance and tax cuts—leading to a soaring stock market in 2018 . While Trump has made eyebrow-raising hires in segments including the Environmental Protection Agency , Powell is considered a consensus-builder, and a continuation of the previous Fed ch Show less Read more
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