Waller Reportedly Had A ‘Strong Interview’ For Fed Chair Job With Trump On The Same Day He Said There’s Room For Up To 100 Bps Rate Cuts
Synopsis
Conducted at President Trump’s residence, Waller’s interview was concluded before the President’s address to the nation on Wednesday night.
Federal Reserve Governor Christopher Waller reportedly had a “strong interview” with President Donald Trump for the Fed Chair position on Wednesday.
According to a CNBC report citing senior officials in the Trump administration, Waller’s interview was conducted at President Trump’s residence. It was concluded before the President’s address to the nation on Wednesday night.
This interview was conducted on the same day on which Waller spoke at the Yale School of Management CEO Summit in New York. The Fed Governor stated that rates could be cut by 50 to 100 basis points (bps) on expectations of a decline in inflation.
Get updates to this story developing directly on Stocktwits.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.