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Market Snapshot: Powell’s shaky hold on his Fed chair rattles markets, but a Fed facelift is unavoidable

Market Snapshot: Powell's shaky hold on his Fed chair rattles markets, but a Fed facelift is unavoidable

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By the time U.S. markets closed on Friday, a government shutdown had been averted at the last minute while a debt ceiling suspension had yet to be passed by Congress, and Democrats continued their heated intramural debate over a spending bill, but investors were left with a new concern this week thanks to a growing sense that Jerome Powell might not be a shoo-in to keep his job as chairman of the Federal Reserve when his term ends in February.

...read full article on Market Watch

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