All articles tagged with #fed chair
Originally Published 15 days ago — by Fortune
Over 80% of top CEOs favor Fed Governor Chris Waller as the next Fed Chair due to his credibility in lowering interest rates while maintaining central bank independence, contrasting with other contenders and political interference, and his positive market reception.
Originally Published 20 days ago — by BBC
The US is close to naming a new Federal Reserve chair to succeed Jerome Powell, with frontrunners including Kevin Hassett, Kevin Warsh, and Christopher Waller, amid political pressures and debates over interest rate policies, with the final decision likely influenced by Wall Street's response.
Originally Published 23 days ago — by CNBC
Federal Reserve Governor Christopher Waller had a positive interview with President Trump for the Fed chair position, focusing on the labor market and economic issues, amid ongoing discussions about rate policies and job creation. Trump praised Waller but has not yet made a final decision, with other candidates also being considered.
Originally Published 26 days ago — by Politico
Some officials in the Trump administration are privately questioning Kevin Hassett's suitability for the Fed chair position, citing his limited influence on policy and leadership style, despite his extensive credentials and support from some allies. The decision remains uncertain as Trump considers other candidates amid economic challenges and debates over the Fed's direction.
Originally Published 27 days ago — by Investor's Business Daily
The stock market experienced a decline with the Dow and Nasdaq falling, amid rotation out of tech stocks and mixed sector performance. Tesla and Nvidia advanced, while health care and financial sectors showed strength. President Trump is considering Fed chair candidates, with Kevin Warsh gaining favor. Investors are watching chip stocks like KLA for potential breakouts, and economic data releases are upcoming, including jobs and inflation reports.
Originally Published 28 days ago — by Fortune
Kevin Hassett, a top contender for Fed chair, emphasized the Fed's independence and stated that President Trump’s opinions would have no weight in setting interest rates, despite Trump’s desire for influence. Hassett expressed willingness to discuss with Trump regularly but clarified that the final decision rests with the FOMC, which votes collectively. The nomination process remains open, with other candidates like Kevin Warsh also in consideration.
Originally Published 1 month ago — by Financial Times
Bond investors have issued a warning to the US Treasury regarding the potential appointment of Kevin Hassett as the Federal Reserve Chair, citing concerns over financial stability and market impact.
Originally Published 1 month ago — by Axios
There is a high likelihood that President Trump will appoint Kevin Hassett as the next Federal Reserve chair, which would align the Fed more closely with White House interests and potentially lead to lower interest rates, reflecting Trump's influence on monetary policy.
Originally Published 1 month ago — by Investor's Business Daily
Dow Jones futures declined as President Trump announced he has chosen a new Federal Reserve chairman, with market rally showing broad strength last week, led by gains in major indexes and stocks like Vertiv, JPMorgan, and Delta Air Lines, amid ongoing economic and geopolitical developments.
Originally Published 1 month ago — by Fortune
The S&P 500 could reach 7,000 this week amid optimism about rate cuts and potential Fed chair nomination by Trump, while a key Tennessee election could impact the GOP's House majority, adding political and economic uncertainty.
Originally Published 1 month ago — by Investor's Business Daily
President Trump announced he has chosen his next Federal Reserve chairman, with Kevin Hassett being the leading candidate according to betting markets, amid ongoing discussions about interest rate policies and potential changes at the Fed.
Originally Published 2 months ago — by Axios
President Trump is considering five finalists to replace Jerome Powell as Fed chair, with Kevin Hassett currently favored due to his close ties to the White House, but other candidates like Christopher Waller, Kevin Warsh, Rick Rieder, and Michelle Bowman also in the running, each bringing different backgrounds and perspectives to the role.
Originally Published 2 months ago — by CNBC
Treasury Secretary Scott Bessent confirmed five finalists for the Fed chair position, with President Trump indicating a decision will be made before year's end. The finalists include current Fed Governors and other economic leaders, and the decision comes amid ongoing interest rate discussions and potential shifts in Fed leadership.
Originally Published 3 months ago — by The Motley Fool
Rick Rieder, a potential future Fed chief, advocates for adding gold and Bitcoin to investment portfolios, citing gold as a hedge against a declining dollar and Bitcoin as a promising asset, especially if he becomes Fed chair, which could lead to a more crypto-friendly monetary policy and lower interest rates.
Originally Published 4 months ago — by Barron's
President Trump confirmed that Kevin Hassett, Christopher Waller, and Kevin Warsh are the finalists for the Fed chair position after Jerome Powell, with the decision likely influenced by recent economic data and interest rate considerations.