Economist: The sooner Trump announces Powell's successor, the more difficult it will be for this person to succeed
According to online reports, US economist and policy adviser Douglas Rediker commented on news that Trump is considering appointing the next Federal Reserve chairman in advance, saying that the sooner Trump announces his preferred candidate for the Federal Reserve chairman, the easier it will be for this person to become a target of public criticism and the less likely it is to truly become Powell's successor. Since taking office, Trump has repeatedly criticized Powell for being too slow to cut interest rates, calling him "Mr. Too Late." (Jin Shi)
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