Why Trump’s pick for Fed chair will not bring home the bank for the president
المصدر: The Guardian World | Source: The Guardian WorldKevin Warsh, Trump’s ‘central casting’, has a long road ahead of convincing board members to lower interest rates
Donald Trump’s fate is to be frustrated by monetary policy.
Even assuming he gets his way and Kevin Warsh succeeds Jerome Powell as chair of the Federal Reserve next month, it is unlikely that the president will finally gain control of the Fed.
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This article was originally published by The Guardian World. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
