Trump leaning toward Fed's Powell as chair: Politico

Status quo choice

There is a report from Politico that Trump is leaning toward FOMC Governor Jerome Powell. Altough they say he has not made up his mind.

Powell would be like Yellen which is considered a bit more dovish (you know what you will get).

The USDJPY fell on the news but has since recovered a bit.

Here is the full story.

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