US Treasury Secretary Bessent says for Fed Governor Bowman, the best use is her existing job; Rieder was in with Trump yesterday, via Fox Business interview
The comments from US Treasury Secretary Bessent regarding Fed Governor Bowman suggest a preference for continuity in key Fed roles, which could imply stability in monetary policy direction.
Google (GOOGL) files notice to appeal DOJ search decision and asked court to pause some of the remedies while that appeal is heard
Fed's Jefferson (voter) says firms are waiting on policy and geopolitical outcomes before making new hiring plans; labour market is "less dynamic" than it was
US Treasury Secretary Bessent says for Fed Governor Bowman, the best use is her existing job; Rieder was in with Trump yesterday, via Fox Business interview
Morningstar confirms Switzerland at AAA; stable
US President Trump says didn't have to consult with anyone on taking Venezuelan oil Venezuela's oil now travelling to the US
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- Miran can continue at Fed past January 31st.
- Asked if Warsh is odds-on favourite, said we'll see.
- Will be Powell's decision to stay or leave post-May.
The mention of potential candidates indicates a focus on upcoming leadership decisions that may impact economic outlook and markets, particularly if it shifts the rate path post-May. This is significant as any changes at the Federal Reserve can lead to volatility across equities, fixed income, and FX markets.
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