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The Independent UK
The Independent UK
Business
Anna Wise

Trump poised to nominate US central bank chair amid feud over rate cuts

Donald Trump Kevin Warsh United States Jerome Powell US Federal Reserve Starmer United Kingdom US Dollar
Donald Trump is poised to announce his pick for chairman of the US’s central bank (Leon Neal/PA) - (PA Wire)

Donald Trump is poised to announce his pick for chairman of the US’s central bank in a hotly-anticipated move that will influence monetary policy decisions for the world’s largest economy.

Speculation that former Federal Reserve governor Kevin Warsh is the president’s top choice was helping lift the US dollar on Friday morning.

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