Trump's Anticipation: New Federal Reserve Chair Announcement Imminent

Donald Trump announced an impending decision on the next Federal Reserve chair. He emphasized the importance of appointing a chair who would implement lower interest rates, a move that could have significant impact on the economy.


Devdiscourse News Desk | Washington DC | Updated: 07-06-2025 03:59 IST | Created: 07-06-2025 03:59 IST
Trump's Anticipation: New Federal Reserve Chair Announcement Imminent
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  • Country:
  • United States

President Donald Trump announced on Friday that a decision on the new Federal Reserve chair will be revealed soon. He highlighted the significance of appointing someone who would lower interest rates.

This appointment has implications for the direction of monetary policy and potential impacts on the broader economy.

The choice of Fed chair is closely watched as it influences economic strategies and financial markets in the United States and beyond.

(With inputs from agencies.)

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