Reported about 11 hours ago
President Donald Trump has narrowed his list of candidates to replace Jerome Powell as chair of the Federal Reserve to three finalists: Kevin Hassett, Kevin Warsh, and Christopher Waller. Trump is seeking a Fed leader aligned with his desire for rapid interest-rate cuts, especially as U.S. job growth has weakened and unemployment rises. The choice is critical for financial markets, which are keenly observing the potential impact on interest rates and inflation policy.
Source: YAHOO