Federal Reserve news

White House Press Secretary Leavitt says US President Trump is in the decision-making phase on the Fed chair, Trump will make decision in the next couple of weeks, but he likes a few people for Fed Chair

Newsquawk Staff ·

White House Press Secretary Leavitt says US President Trump is in the decision-making phase on the Fed chair, Trump will make decision in the next couple of weeks, but he likes a few people for Fed Chair.

What it means

White House Press Secretary Leavitt's comments indicate President Trump's active consideration of candidates for the Fed Chair position, which could influence market expectations around monetary policy. The uncertainty surrounding the Fed's leadership may affect interest rate outlooks and USD performance, potentially impacting risk sentiment across equities and commodities. The markets will be keen to gauge how any potential appointments align with or shift the current policy trajectory.

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