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Podcast: Thoughts on the Market
Episode: Can a âShadow Chairâ Steer the Fed?
Description: As Fed Chair Jerome Powellâs term ends next year, our Global Chief Economist Seth Carpenter discusses the potential policy impact of a so-called âshadow Fed chairâ.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. Iâm Seth Carpenter, Morgan Stanleyâs Global Chief Economist. And today â well, thereâs a topic thatâs stirring up a lot of speculation on Wall Street and in Washington. Itâs this idea of a Shadow Fed Chair. Itâs Monday, July 21...