Trump has nominated a top economic adviser to the Federal Reserve's board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment.

The nominee Stephen Miran wants sweeping reforms to the Fed – and a long-term strategy that weakens the US dollar to reduce ...

The dollar rose and strengthened against the euro and the yen, bouncing back from the decline that followed Trump’s pick of Stephen Miran for the Fed vacancy.

Sterling hovered near a two-week high, clinging to Thursday's sharp gains as the Bank of England cut interest rates but only after a narrow 5-4 vote, which showed the central bank's easing bias lacked ...

Photo: Alamy President Donald Trump has nominated Stephen Miran, chairman of the White House Council of Economic Advisers, to ...