Donald Trump has said he will name his pick for Federal Reserve chair on Friday, which would end months of speculation over who will replace Jay Powell at the helm of the world’s most important central bank.
Trump said at a Kennedy Center event in Washington on Thursday evening to mark the premiere of Melania, the documentary about First Lady Melania Trump, that he would announce his candidate to head the US central bank “tomorrow morning”.
“A lot of people think that this is somebody that could have been there a few years ago,” the president said. “It’s going to be somebody that is very respected, somebody that’s known to everybody in the financial world.”
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