Donald Trump It was reported that a decision had been made regarding the chairperson of Federal Reserve, but no details were disclosed.
Svmuu News: In an exclusive interview with The New York Times, U.S. President Donald Trump said he has decided whom to nominate as the next chair of the Federal Reserve, but did not reveal the name.“I have made up my mind,” he said, “but I haven’t spoken to anyone yet.” When asked about his chief economic adviser, Hasse, Donald Trump said, “I don’t want to say,” but he described Hasse as “definitely one of the people I like.”Regardless of whom Donald Trump chooses, the next Federal Reserve chairman will take the helm of an institution at a critical juncture, one that is at the center of an unprecedented campaign of pressure launched by the president to significantly lower interest rates.According to the prediction market Kalshi, the probability of Kevin Warsh being elected Federal Reserve chairman currently stands at 41%, Kevin Hassett at 39%, and Christopher Waller at 12%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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