StanChart's Mann Weighs in on Fed Chair Candidates

The transcript discusses the potential appointment of Jay Powell as the next Fed chair, comparing him with John Taylor and Janet Yellen. It explores market reactions to these candidates, focusing on their shared views on deregulation and a rules-based approach. The discussion also touches on President Trump's preferences, suggesting a favor towards deregulation. The potential impact on market stability and policy rates is considered, highlighting possible uncertainty and rate hikes.

Who is currently seen as the likely next chair of the Federal Reserve?

What are the potential implications of Jay Powell's selection for the economy?

How do Powell's and Taylor's views on policymaking differ from those of Janet Yellen?

What does the speaker suggest about the market's reaction to a potential Powell or Taylor appointment?

In what ways might deregulation be a factor in the selection of the next Fed chair?