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MemeMoney: The Reddit Apes are pleased that Jay Powell is sticking around at the Fed

MemeMoney: The Reddit Apes are pleased that Jay Powell is sticking around at the Fed

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Jerome Powell’s renomination to serve a second term as chairman of the Federal Reserve might have been a politically risky one by the Biden White House, and has gotten a mixed reaction from the markets, but retail investors were almost unanimous in their excitement that Uncle Jay will likely be staying in control of the money-printing machine.

...read full article on Market Watch

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