Economists, industry players and policymakers broadly welcome Kevin Warsh emergence as the next Fed chairman

Economists, industry players and policymakers broadly welcome Kevin Warsh emergence as the next Fed chairman

Former Federal Reserve governor Kevin Warsh is a safe pair of hands to steer the US central bank, analysts said Friday, flagging his track record on Wall Street and with the Fed.

Gold and silver prices already started sliding on reports that Donald Trump would nominate Warsh -- a plan the president swiftly confirmed -- with the drop in safe haven investments pointing to reassurance among investors.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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