Comment on Trump Will Likely Let Fed Chief Stay

Trump Will Likely Let Fed Chief Stay

“President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026,” CNN reports. “The adviser cautioned that Trump could always change his mind, but his present view — and that of Trump’s economic team — is that Powell should remain atop the central bank as it pursues its policy of cutting interest rates.”

 

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