Trump Considers Warsh Hassett for Fed Chair Amid Rate Cut Push

Trump Considers Warsh Hassett for Fed Chair Amid Rate Cut Push

The Wall Street Journal reports that Trump favors nominating Warsh or Hassett as Federal Reserve Chairman and hopes the new chairman will cooperate with interest rate cuts. Trump is breaking with tradition by demanding involvement in interest rate decisions, aiming to lower rates to 1% or lower. He is dissatisfied with current Chairman Powell and is considering other potential candidates. Market reactions suggest Hassett's chances are decreasing, while Warsh's support is increasing. The choice of Federal Reserve Chairman and the direction of monetary policy will have a profound impact on the global economy.

01/28/2026 International Settlement
Read More
JD Logistics Expands Hiring to Fuel Growth Strategy

JD Logistics Expands Hiring to Fuel Growth Strategy

JD Logistics is hiring for three key positions: Warehouse Operations Manager (Guangdong), Solutions Expert (Beijing), and Sorting Center Reserve Leader (Fujian). The Warehouse Operations Manager will be responsible for implementing efficiency strategies and standardizing processes. The Solutions Expert will design logistics solutions for central state-owned enterprise clients. The Sorting Center Reserve Leader will manage daily operations and improve efficiency at the sorting center. JD Logistics welcomes you to join us and create the future together. We are looking for talented individuals to contribute to our growing logistics network.

02/03/2026 Warehousing
Read More
Feds Waller Suggests Rate Cut Pause As Job Market Holds Strong

Feds Waller Suggests Rate Cut Pause As Job Market Holds Strong

Federal Reserve Governor Waller highlighted labor market weakness as a primary concern, suggesting that a rebound in the job market could end expectations for interest rate cuts. He focused on increased layoff plans, declining consumption among low- and middle-income families, and the potential for AI investment to squeeze employment. He also noted that the Fed's balance sheet is nearing a warning level, necessitating attention to bank reserve conditions. Waller's remarks foreshadow the Fed's future policy direction, emphasizing the job market's crucial role and the non-inevitability of rate cuts, while underscoring the importance of independence.

02/04/2026 International Settlement
Read More