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Morgan Stanley: Don't Expect Big Changes At The Fed Even After Powell Is Booted Out

Business July 14, 2025

By Seth Carpenter, chief economist at Morgan Stanley

Shadows in Late Summer

The notion of a “Shadow Fed Chair” stirs discussions. Recent headlines on renewed criticism of Chair Powell fuel speculation over who the next Fed Chair will be and when the name will be released. How should investors think about the issue?

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via July 14th 2025

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