Trump announces his nominee to head the Federal Reserve next week
The US President said Thursday that he would announce "next week" About the name of his candidate for the presidency is a move that raises great anticipation in the markets.
Interest rates
The president renewed his criticism of the US Central Bank, saying that are still "Very high, and in an unacceptable way".
He said that he would announce the name of the candidate as well "Scott, Howard and others"referring to Finance Minister Scott Bessent and Commerce Secretary Howard Latnick.
Federal Reserve
For weeks, Trump, who seeks to control the central bank’s decisions, has been saying that he has chosen his nominee and will announce his name soon.
The term of Federal Reserve Chairman Jerome Powell ends in May.
And on Wednesday, the institution decided to keep interest rates the same, after reducing them three times. Times in 2025.
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