Federal Reserve news

US President Trump, on Fed Chair pick, tells NYT he has a decision in mind but has not spoke about the decision with anybody

Newsquawk Staff ·

US President Trump, on Fed Chair pick, tells NYT he has a decision in mind but has not spoke about the decision with anybody.

What it means

President Trump's comments regarding his Fed Chair pick indicate that a decision may be imminent, though the lack of discussion with others adds uncertainty. This hints at potential market volatility ahead, particularly in forex and fixed income, as traders may speculate on the implications for monetary policy and direction of interest rates based on who he ultimately chooses.

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