Bank of America survey: Most investors expect Hassett to become the next Federal Reserve Chair
Bank of America Survey: Most Investors Expect Hassett to Become the Next Fed Chair
BlockBeats news, on December 16, Bank of America released its December Global Fund Manager Survey, showing that most investors expect Trump to nominate White House economic advisor Kevin Hassett as the next Federal Reserve Chair. About 69% of respondents expect Hassett to be nominated, while only 4% mentioned Fed Governor Waller, and another 4% expect former Fed Governor Kevin Warsh to be nominated. This survey was conducted before Trump told The Wall Street Journal that he was inclined to nominate either Hassett or Warsh to lead the Fed. The current Fed Chair Powell's term will end in May next year. (Golden Ten Data)
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