Trump to nominate Stephen Moore, a dove to the Federal Reserve

Yohay Elam FXStreet

US President Donald Trump is set to nominate Stephen Moore to the Board of Governors of the Federal Reserve. Moore is a critic of tight Fed policy and may tilt the central bank to looser monetary policy.

The economist is also a member of the Conservative Club for Growth and Heritage Foundation Think Tanks. Moore is a supporter of the President. The Senate needs to approve the nomination.

Fed Chair Jerome Powell has been nominated by Trump but his policies have sometimes contradicted the President's wishes.

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

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