Tag Archives: Central Bank

Former President Donald Trump has indicated plans to reveal his choice for the next Federal Reserve chair well in advance of the end of Jerome Powell’s term, which does not expire until May 2026. This early announcement would break with longstanding norms and could mark the first time in the Federal Reserve’s 111-year history that a successor is named so …

Karim Souaid, Lebanon’s newly appointed central bank governor, officially assumed office in Beirut on Friday, pledging to lead the institution with transparency and independence. In his first public remarks, Souaid emphasized his commitment to battling financial crimes, particularly money laundering and the financing of terrorism, while keeping the bank free from political interference. He outlined a roadmap that includes restructuring …