Fed Chair Powell Looks to Hire Speechwriter

The US Central Bank is addressing communication issues by hiring a senior speechwriter for Fed Chairman Jerome Powell. The job, posted on LinkedIn, requires strong writing and economic knowledge. Applicants face compliance challenges due to the market impact of their work. The role involves travel and is exempt from overtime, highlighting the Fed's commitment to transparency.

How does the job of a speechwriter for the Fed chairman impact the markets?

What does the text suggest about the transparency of the hiring process for the speechwriter position?