Waller interviewed by Trump with focus on the job market, Bowman reportedly out of the running
According to TechFlow, on December 19, as reported by Golden Ten Data, a senior government official revealed that Federal Reserve Governor Waller had a "productive interview" with Trump regarding the position of Federal Reserve Chairman. The two had an in-depth discussion about the labor market and how to stimulate job growth. The interview was held at the presidential residence and concluded shortly before Trump delivered a national address on economic issues on Wednesday evening. U.S. Treasury Secretary Bessent, White House Chief of Staff Wiles, and Deputy Chief of Staff Scavino also attended the interview. Officials stated that Rick Rieder from BlackRock will be interviewed at Mar-a-Lago during the last week of this year. They also noted that Federal Reserve Governor Bowman is no longer a candidate for the position. Officials pointed out that the conversation between Waller and Trump about employment indicates that external concerns and criticisms—that the president is merely seeking a candidate who would yield to his wishes on interest rate issues—are unfounded. They emphasized that the president covered a wide range of economic topics during interviews with candidates. (CNBC)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Despite a 16% drop in sales, profit remains stable! Porsche (POAHY.US) maintains its earnings, with the 911 as a key support
Despite another significant decline in car sales, the profitability of the German luxury carmaker Porsche remains stable. The demand for high-end models such as the 911 and its expensive derivative models has helped the company cushion the impact of weak performance in the Chinese market.
Equities: AI optimism lifts global stocks and chipmakers – Danske Bank

USD/JPY Price Forecast: Strives to return above 20-day EMA

