U.S. Treasury Secretary Steven Mnuchin is set to begin interviewing candidates vying for the position of Federal Reserve Chair starting Friday. He will be meeting with eleven candidates, including Governors Waller and Bowman, through video and in-person sessions throughout next week. This selection process holds significant weight as it will shape the direction of U.S. monetary policy, impacting interest rates and economic stability. Mnuchin’s decision is crucial and has garnered attention from market participants eager to see how it impacts financial markets and economic stability amid ongoing global uncertainties. 2017 offers a historical precedent for Mnuchin’s choice, as he navigated similar challenges of managing inflation within the context of a turbulent global economy.