Summary
- "I am pleased to announce that Michelle Bowman has been appointed as the new Vice Chair of the Federal Reserve," President Trump stated.
- Director Bowman is known as a 'hawk' within the Fed, which means she favors monetary tightening policies.
- Investors should pay attention to how the change in the Fed Vice Chair will affect the financial markets.
On the 17th (local time), President Donald Trump announced through his social media (SNS) Truth Social, "I am pleased to announce that Michelle Bowman has been appointed as the new Vice Chair of the Federal Reserve (FED)."
Director Bowman is known as a prominent 'hawk' (preferring monetary tightening) within the Federal Reserve.
Uk Jin
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