As you know, this is not new, we have been following with great interest the news of the Youtube channel Bloomberg Television for quite some time now because we know that its content is particularly appreciated by our community. That's why we decided to make a post about it, because we are sure you will enjoy this new video.
When we first saw the Trump Toys with idea of replacing Fed Chair Powell Early video on the Bloomberg Television channel, we knew our community would want to stream it as soon as possible. So we wrote this article to publish it as soon as possible.
This video is currently making the buzz on the internet and may end up in the Youtube trends. It was published a few hours ago by the videographer of the Youtube channel Bloomberg Television who regularly publishes videos similar to the content we are talking about today.
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Well it's almost time to conclude this paper, you can watch the video Trump Toys with idea of replacing Fed Chair Powell Early again if you want, it should be available for some time. Did you know that? On Youtube, you can find other videos of Bloomberg Television that have been uploaded by other users and that are not yet referenced on Croblanc. If you are curious, go and have a look, you never know!
We'll see you soon for a new content on Croblanc, and in the meantime we say Ciao to the next one!
For your information, you can find below the description of the video Trump Toys with idea of replacing Fed Chair Powell Early published by the Youtube channel Bloomberg Television:
Michael McKee, International Economics & Policy Correspondent for Bloomberg News, discusses pressure on the Fed from President Trump and potential candidates for Fed Chair after Jay Powell's term.
The dollar fell and US Treasuries rallied after a report that President Donald Trump is considering naming Federal Reserve Chair Jerome Powell’s successor well before the incumbent’s term is scheduled to end next May.
The Wall Street Journal said Trump may reveal his pick to run the Fed by September or October. The report follows weeks of lobbying by the president for Powell to lower borrowing costs.
Investors and analysts reckon Powell’s replacement will most likely share the president’s dovish bias, prompting speculation interest rates could eventually fall faster and deeper than markets are currently pricing. An early selection could also confuse markets by forcing them to monitor the monetary policy commentaries of Powell and his replacement.
“This increases the risk that Powell will become a ‘lame duck’ in his final months as Fed chair, and with it the risk of earlier interest rate cuts,” said Michael Pfister, an FX analyst at Commerzbank AG.
Potential contenders to succeed Powell include former Fed Governor Kevin Warsh, current Fed Governor Christopher Waller, National Economic Council Director Kevin Hassett, former World Bank President David Malpass and US Treasury Secretary Scott Bessent, Bloomberg News has previously reported.
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