A Q&A with CNN’s Matt Egan, a senior reporter covering business and the economy, about who Trump might pick for Fed chair and how Wall Street might react.
Trump has narrowed his choice for the next Fed chair to Kevin Warsh and Kevin Hassett, boosting Warsh’s chances.
The Bank’s Monetary Policy Committee (MPC) is widely expected to reduce interest rates from 4 to 3.75 on Thursday.