Trump's Fed Chair Nominee: Stakes High, Markets Watch
Update: 2025-11-29
Description
President Trump prepares to nominate the next Federal Reserve chair, with concerns about loyalty over qualifications. The White House assures a commitment to choosing the best candidates, citing cooling inflation for potential rate cuts. Skepticism remains, especially after Trumps criticism of current Fed chair, Jerome Powell. The nomination could come any day, with global investors closely watching. The Federal Open Market Committee prepares for its final meeting of 2025, uncertain about interest rate adjustments. The nominee will need Senate confirmation, with experts hoping for respect for the current chairs authority to maintain the Feds independence.
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