Source: Trump Likely to Pick Fed's Powell to Lead Central Bank 1 234 567

Source: Trump Likely to Pick Fed's Powell to Lead Central Bank

voanews.com

President Donald Trump is likely to pick Federal Reserve Governor Jerome Powell as the next head of the U.S. central bank, a source familiar with thematter said on Monday, prompting investors to push down yields on Treasury notes.The Republican president, who is considering Powell, current Fed Chair Janet Yellen and three others for the top central bank job, will announce his decision on Thursday, a White House official said separately.By picking Powell, a soft-spoken centrist and...

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