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Trump is close to naming the new Federal Reserve chief. His choice could raise the risk of stagflation

  • Written by Henry Maher, Lecturer in Politics, Department of Government and International Relations, University of Sydney

US President Donald Trump has signalled in an interview with the Wall Street Journal he is close to announcing his pick for the next chair of the US Federal Reserve.

With inflation again increasing amid widespread focus on the crisis of affordability, Trump’s appointment will be closely watched by financial markets and consumers alike.

The...

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