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Economic News

Trump to announce Fed chair nominee Friday; Kevin Warsh may be his pick, according to reports

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30 January 2026
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
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Wholesale Inflation Rises Hotter-Than-Expected 0.5%

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30 January 2026
U.S. wholesale prices rose a hotter-than-expected 0.5% in December.
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What to Expect From Kevin Warsh as Federal Reserve Chair

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30 January 2026
President Donald Trump's choice of Kevin Warsh to lead the Federal Reserve signals a sharp shift in tone, priorities, and philosophy at the world's most powerful central bank.
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Trump Nominates Kevin Warsh as Fed Chair

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30 January 2026
President Donald Trump said Friday he is nominating Kevin Warsh to serve as chairman of the Board of Governors of the Federal Reserve System, ending weeks of speculation over who would lead the central bank when Chair Jerome Powell's term expires in May.
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Scenic trains, cruises and concerts: China’s new plan to get consumers spending again

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30 January 2026
China rolled out a new work plan to boost services consumption as stimulus measures to boost households spending on goods have so far done little to lift demand.
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Trump says he will announce a replacement for Powell as Fed chair Friday morning

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29 January 2026
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
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  1. Trump Plans to Announce Fed Chair Choice Next Week
  2. Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts
  3. Oil Surges 4% to 5-Month High on Iran Attack Concerns
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