PANews reported on Jan. 30 that U.S. President Trump said he plans to announce a candidate to succeed Federal Reserve Chairman Powell next week, ending weeks of speculation about who will take over the position. Powell's term ends in May 2026. Trump also said that interest rates should be 2 to 3 percentage points lower.
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PANews reported on Jan. 30 that U.S. President Trump said he plans to announce a candidate to succeed Federal Reserve Chairman Powell next week, ending weeks of speculation about who will take over the position. Powell's term ends in May 2026. Trump also said that interest rates should be 2 to 3 percentage points lower.