Trump hints at appointing Fed Chair: Support for "substantial" interest rate cuts

According to the Securities Times APP, during a televised speech to the nation on Wednesday evening, U.S. President Trump announced that the nominee for the next Federal Reserve Chairman will soon be revealed, and this candidate will support "substantial" interest rate cuts. Trump said, "I am about to announce our next Federal Reserve Chairman. This person supports substantial interest rate cuts, which will further lower mortgage payments."