Waller: Regional Fed Presidents Have Developed a Framework to Centralize Some Fed Functions
On May 9, Federal Reserve Governor Waller stated that regional Fed presidents have developed a framework aimed at centralizing some functions of the Federal Reserve. This framework will not undermine the independence of local Federal Reserves. Waller did not comment on monetary policy or the economic outlook during his speech regarding the operations of regional Federal Reserves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deutsche Bank’s Daniel Ghali sees stronger gold demand and higher copper prices in 2027
Full Statement from Nvidia Regarding Jensen Huang's Resignation and Leadership Team Restructuring
On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.
Crypto prices
More
