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Will Trump Announce the Next Fed Chair Today, Overshadowing the FOMC Meeting?
Speculation about a possible nomination by
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Speculation about a possible nomination by U.S. President Donald Trump for the position of Chair of the Federal Reserve is gaining momentum, as an announcement could be made as early as Wednesday—right when the Federal Open Market Committee (FOMC) is holding its monetary policy meeting.According to several media reports, Trump has said that he has already decided on a successor to Jerome Powell, whose term expires in May. This sequence of events increases market uncertainty, given that the Fed is
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