President Donald Trump revealed he's picked Kevin Warsh, a former Federal Reserve Governor, to lead the central bank.
Since taking office, Donald Trump has been critical of Jerome Powell and encouraged him to lower interest rates.
Harbour Asset Management expert Shane Solly explained further.
LISTEN ABOVE

Enda Brady: UK correspondent on Prime Minister Starmer indicating the UK will be growing partnership with EU
04:36

Sam Dickie: Fisher Funds expert on the ongoing economic costs of the Iran war
03:25

Jamie Mackay: The Country host on farmer voicing concerns about long-term impacts of Iran conflict
03:27