Bridgewater: What is Behind the Federal Reserve's Unwillingness to Cut Interest Rates, Expected to Announce Fed Chair Nomination by Year-End

BlockBeats News, July 31st: U.S. Treasury Secretary Yellen said, "I'm not sure what the reason for not cutting interest rates is. Have compiled a good list for the Fed Chair candidate. There will be two vacancies on the Federal Reserve Board. It is expected to announce the nomination for Fed Chair by the end of the year." (Xinhua Finance)