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The new head of the German Bundesbank will be chosen this week


If you miss the speculation on who the new Fed chairman will be now that Powell has been given the nod, fear not!

The German Bundesbank needs a new president. Jens Weidmann is resigning on December 31, his replacement is expected to be announced by the end of this week.

Reuters has a piece on the suitors. Isabel Schnabel, member of the management board of the European Central Bank, is in the running.

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