World Week Ahead: Fed succession, OPEC, US retail in focus

Sun, 26 Nov 2017

By Margreet Dietz Nov. 27 (BusinessDesk) - Federal Reserve Chair Janet Yellen testifies to Congress on the US economic outlook on Wednesday, a day after Jerome Powell, nominated to succeed her in February, will appear in confirmation hearings before the Senate. Powell, currently a Fed governor, will appear before the US Senate Committee on Banking, Housing, and Urban Affairs for a full committee hearing on his nomination to become Fed Chairman. “This should only be market moving if Powell says something unexpected or some Republicans...

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