WASHINGTON, Jan. 24, 2018 - File photo taken on Nov. 2, 2017 shows U.S. President Donald Trump (L) and Federal Reserve Governor Jerome Powell at a nomination ceremony at the White House in Washington D.C., the United States. U.S. Senate confirmed Jerome Powell as the next chairman of the Federal Reserve on Jan. 23, 2018.

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File photo taken on Nov. 2, 2017 shows U.S. Federal Reserve Governor Jerome Powell (R) at a nomination ceremony at the White House in Washington D.C., the United States. U.S. Senate confirmed Jerome Powell as the next chairman of the Federal Reserve on Jan. 23, 2018.

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