OctaFX | OctaFX Forex Broker
Open trading account
Back

President Trump to nominate Shelton, Waller for Fed board

In a formal restatement of the intention to nominate that was originally made six months ago on Twitter, US President Donald Trump is to nominate Judy Shelton, Waller for Fed board. The nominations haven't been sent to the Senate but presumably will be sent soon. Shelton would fill a term expiring in four years. Waller's would expire in 10 years.

"I am pleased to announce that it is my intention to nominate Judy Shelton, Ph. D., U.S. Executive Dir, European Bank of Reconstruction & Development to be on the board of the Federal Reserve..."

– Trump tweeted. 

Effects of a politicized Fed on markets during US election year

USD/JPY bulls seek break of 110.20 resistance

USD/JPY has been turning head of late, trading ina robust bullish trend within the rising channel and bull run which formed in late August down in the
Read more Previous

Gold: On the back foot below 10-day SMA amid broad USD strength, risk-on

Gold prices seesaw near $1,552 during Friday’s early Asian session. The yellow metal dropped the previous day, closed below 10-day SMA.
Read more Next
Start livechat