Trump Signals Fed Chair Choice by End of Year, Alongside Trade and North Korea Updates

The Federal Reserve’s interest rate decision looms this week, with expectations for a 25 basis point cut. However, the US President has taken center stage by narrowing down the list of potential FED chair candidates to five individuals. While Treasury Secretary Scott Bessent is overseeing the nomination process, Trump expressed his intent to make a decision on the next Fed chairman before year-end. Trump’s statements further highlight potential shifts in US economic policy and international relations.