Seven months and ticking, the case for keeping Powell as Fed chair builds

By Howard Schneider, Ann Saphir and Trevor Hunnicutt WASHINGTON (Reuters) - With the U.S.

Federal Reserve in the midst of a complicated policy shift, central bank watchers see a renomination of Jerome Powell to a second 4-year term as Fed chief as increasingly likely, a view bolstered by Powell's standing within the Biden administration and a closely divided Senate. The Fed chair's current term expires in February, and advisers to President Joe Biden say he has not yet decided whether to reappoint Powell, a private equity.

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