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Kashkari not under consideration for Fed chair, official says

Kashkari not under consideration for Fed chair, official says

According to an administration official, President Donald Trump is currently not considering Neel Kashkari, Head of Minneapolis Fed to be the next chair of the Federal Reserve.

Speculation around Kashkari as a candidate gathered pace earlier this week after Jeffrey Gundlach said that Minneapolis Fed head would replace Yellen.

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