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The Economic Times News

Business / The Economic Times

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Trump set to finalize Fed pick; Hassett, Warsh among top contenders

Kevin Hassett is emerging as the leading contender to succeed Jerome Powell as U.S. Federal Reserve chair. The selection comes amid political pressure from President Trump for faster rate cuts. Hassett has signaled support for further monetary easing but noted adjustments may be needed if inflation rises sharply.

10 Dec 2025 10:38 am