"Strong interview positions Waller as leading Fed Chair contender"

Search for Next Fed Chair Progresses

CNBC’s Steve Liesman reports that the search for the next Federal Reserve Chair is moving forward. Candidate Christopher Waller reportedly had a strong interview, positioning him as a leading contender for the role. Details on other candidates remain limited as the decision timeline tightens.

Potential Impact on Monetary Policy

The selection of the next Fed Chair could significantly influence U.S. monetary policy, particularly concerning interest rates and inflation control. With economic conditions evolving, the appointment is crucial for shaping the Fed’s strategy in the coming years.