We can't recall when a President nominated to the Fed someone whose abiding policy conviction is to weaken the U.S. dollar. Mr. Miran has been chairman of the White House Council of Economic Advisers in Mr.

The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that it would not be feasible or appropriate to wait for complete clarity on the tariffs’ effects on inflation before adjusting the stance of monetary policy”.

The Fed Board of Governors typically meets twice a month by teleconference or at the Federal Reserve headquarters in the Marriner S. Eccles Building at 2051 Constitution Avenue, NW Washington, DC ...

Trump’s nominee could spark scrutiny of a central bank that has sweeping powers and a record of blunders.