US dollar gains as Warsh named next Fed Chair

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NEW YORK, Jan 30 : The U.S. dollar gained on Friday after former Federal Reserve Governor Kevin Warsh was selected to be the next Fed Chair, and as the U.S. currency recovered from a sharp selloff earlier in the week that analysts say was overdone in the short-term. President Donald Trump on Friday chose Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May. Warsh is seen as likely to support lower interest rates but would stop well short of the more aggressive

Tag-uri: Donald Trump

US dollar gains as Warsh named next Fed Chair https://www.channelnewsasia.com/ - 30.01.2026 18:36

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US dollar gains as Warsh named next Fed Chair https://www.channelnewsasia.com/ - 30.01.2026 18:36