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If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.
The president's next pick for Federal Reserve chair, whom he pledged would be "somebody that wants to cut rates," is likely to face questions to their credibility.
The current dual mandate framework is flawed; prioritizing unemployment over inflation; it sows seeds for future economic instability and credibility issues. Kate Smith The target is 2%, the Fed ...
Trump reportedly is considering naming a "shadow chair" until the current occupant, Jerome Powell, leaves office next year, in an attempt to pressure the Fed into cutting rates.
Trump reportedly is considering naming a "shadow chair" until the current occupant, Jerome Powell, leaves office next year, in an attempt to pressure the Fed into cutting rates.