U.S. Treasury Secretary Yellen expects Fed chair nomination to be announced by year-end
According to a report by Jinse Finance, U.S. Treasury Secretary Bessent stated that a list of candidates for the Federal Reserve Chair is being compiled, and two seats on the Federal Reserve Board will become vacant. Bessent will conduct interviews for positions at the Federal Reserve, and the nomination for the Fed Chair is expected to be announced before the end of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
No breakthrough in talks at Antofagasta’s striking Centinela copper mine, unions say
SNDL Reaches Agreement in Principle to Resolve Ontario Regulatory Matters
U.S. commercial crude oil inventories fell more than expected, with distillate inventories also declining and gasoline unexpectedly rising.
According to EIA data released on Thursday, for the week ending October 9, U.S. commercial crude oil inventories decreased by 8.6 million barrels to 415.6 million barrels, about 3% below the five-year average for the same period. Crude oil production fell by 300,000 barrels per day, and imports dropped by 791,000 barrels per day. Refinery crude runs increased by 135,000 barrels per day. Gasoline inventories rose by 3.5 million barrels, exceeding expectations, while distillate fuel inventories (including diesel and heating oil) decreased by 2.5 million barrels. The decline in crude inventories was mainly due to production shutdowns and reduced imports caused by a Gulf of Mexico hurricane.
Crypto prices
More
