Federal Reserve Chairman Jerome Powell has appointed a pair of monetary-policy experts as senior advisers, the Wall Street Journal reported Sunday. Citing sources familiar with the matter, the Journal said Jon Faust and Antulio Bomfim will join the Fed. Faust is a Johns Hopkins University economic professor, and will reportedly advise Powell on a part-time basis. Bomfim is an economist in the Fed’s monetary affairs division. Both have previously served as advisers to the Fed.
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