Gate News bot message, on June 29, U.S. President Trump stated regarding the next Federal Reserve chair candidate that although Waller is very talented, he may not be the one. Trump emphasized that he is unwilling to pay higher interest rates on 10-year debt. At the same time, Trump criticized the current Federal Reserve chair Powell again, stating "there is a stupid person at the Federal Reserve." This statement has sparked a new round of speculation in the market regarding the direction of U.S. monetary policy. (Source: Jin10)
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Trump hints that Waller may miss out on the next Federal Reserve (FED) chair position.
Gate News bot message, on June 29, U.S. President Trump stated regarding the next Federal Reserve chair candidate that although Waller is very talented, he may not be the one. Trump emphasized that he is unwilling to pay higher interest rates on 10-year debt. At the same time, Trump criticized the current Federal Reserve chair Powell again, stating "there is a stupid person at the Federal Reserve." This statement has sparked a new round of speculation in the market regarding the direction of U.S. monetary policy. (Source: Jin10)