Federal Reserve Chairman Jerome Powell has a big job to do this week. I suspect we will see the dot plot shift to 50 bps from 75 bps in cuts but he will maintain the same rhetoric as he has for the past couple months, leaving June in play if inflation slips or growth data weakens.Given that Powell still has more than two years left in his term, it's too soon to start speculating about the implications of his successor but the WSJ had an interesting article today. It highlights three names floated by Trump advisors: Kevin Warsh, Kevin Hassett and Arthur Laffer.Kevin Warsh is well-known in Fed circles as a former governor. He was short-listed for Powell's job and interviewed with Trump but was
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