in

Biden expected to nominate Jefferson as next Federal Reserve vice chair -sources

WASHINGTON (Reuters) -U.S. President Joe Biden is expected to nominate Federal Reserve Governor Philip Jefferson as the next vice chair, two sources familiar with the matter said on Wednesday

In addition, economist Adrian Kugler is expected to be nominated to an open Fed board seat, with an announcement anticipated in coming days, the sources said.


Source: Economy - investing.com

Google DeepMind CEO Demis Hassabis says we may have AGI ‘in the next few years’

Fed raises rates, opens door to pause in tightening cycle