US President Donald Trump is set to announce his nominee to replace Federal Reserve Chair Jerome Powell, with former Federal Reserve Governor Kevin Warsh emerging as the leading contender.

 Markets have rallied, and prediction markets heavily favour Warsh, who is widely expected to be named when Trump makes the official announcement. Channel Africa’s Economics Reporter, Innocent Semos, spoke to Nolan Wapenaar, Head of Fixed Income at Anchor Capital, about the developments at the US Federal Reserve.

US President Donald Trump is set to announce his nominee to replace Federal Reserve Chair Jerome Powell, with former Federal Reserve Governor Kevin Warsh emerging as the leading contender.
&nbsp;Markets have rallied, and prediction markets heavily favour Warsh, who is widely expected to be named when Trump makes the official announcement. Channel Africa&rsquo;s Economics Reporter, Innocent Semos, spoke to Nolan Wapenaar, Head of Fixed Income at Anchor Capital, about the developments at the US Federal Reserve.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.