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

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.

Also See: AbbVie, Merck, Other Top Drugmakers To Lower Prices Of US Drugs In MFN Deal With Trump Administration: Report

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Share

·

Add us on