According to the Wall Street Journal, citing people familiar with the matter, US Treasury Secretary Bescent plans to conduct a series of intensive interviews with candidates for Federal Reserve chairperson starting from Friday. The sources said that the interview process will continue until next week, and Bescent will communicate with the candidates in person or by video conference. According to Bescent and his advisers, there are currently 11 candidates shortlisted, including Federal Reserve Go...
US Treasury Secretary Vincent Bescent revealed a list of 11 candidates for the Federal Reserve Chair, and interviews will start after Labor Day. Bescent bluntly stated that he would slash interest rates to activate the housing market, but Deutsche Bank refuted its interest rate model theory as baseless. Click to view...