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Fed banker rate debate and Trump hints have analysts betting on who’s ‘auditioning’ for Chair Powell’s job
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate among FOMC members for clues as to who is 'auditioning' for the role.
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fortune.com
Trump urges Congress to grill 'dumb, hardheaded' Powell in latest attack over Fed's refusal to cut interest rates
Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.
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The Fed won’t lower rates like Trump wants because it sees ‘meaningful’ inflation spike later this year
Fed Chair Jerome Powell told Congress he expects an inflation surge—but how long and how high is unknown.
