U.S. Treasury Secretary Steven Mnuchin is conducting interviews with candidates for the Federal Reserve Chair, which may significantly influence the country's monetary policy.
Start of Interviews
Steven Mnuchin will start interviewing 11 candidates for the Federal Reserve Chair position, including Governors Waller and Bowman. The interviews will begin on Friday and continue into the next week.
Impact on Monetary Policy
The decision to select the Fed Chair is crucial for shaping U.S. monetary policy, potentially affecting interest rates and economic stability amidst ongoing global economic uncertainties.
Ethereum Price
In light of the news about the Federal Reserve, the price of Ethereum (ETH) stands at $4,340.88, with a market cap of $523.97 billion. The 24-hour trading volume has reached $39.65 billion.
The selection of the Fed Chair could greatly impact the economic situation in the country, and monitoring the cryptocurrency market, like Ethereum, also becomes an important part of the analysis.
