Meet the new Fed (same as the old Fed)

Luke Tilley |
Wilmington Wire

January 30, 2018— As the Federal Reserve’s Open Market Committee (FOMC) meets this week to discuss interest rate policy, it will mark a changing of the guard in several significant ways. Most obvious is the end of Janet Yellen’s tenure as chair (which formally goes into effect on February 3) and the start of Jay Powell’s leadership.