U.S. President Donald Trump said he will announce on the 30th (local time) the nominee for the new chair of the U.S. Central Bank, the Federal Reserve (Fed).

U.S. President Trump answers reporters' questions on the 29th (local time) at the world premiere of the Amazon MGM Studios documentary film Melania at the Kennedy Center in Washington, D.C.; he says he will announce his nominee for the new Federal Reserve chair on the 30th. /Courtesy of AFP=Yonhap

Trump attended a screening of the documentary "Melania" at the Trump-Kennedy Center in Washington, D.C., on the 29th and said, "I will announce the Fed chair tomorrow morning," according to Reuters and others.

Candidates for the next Fed chair reportedly include Kevin Hassett, director of the White House National Economic Council; Kevin Warsh, former Fed governor; Christopher Waller, Fed governor; and Michelle Bowman, Fed governor.

Trump has repeatedly urged swift and steep interest rate cuts from the Fed and has sharply criticized current Fed Chair Jerome Powell for not aligning with his approach. Recently, the U.S. Department of Justice launched an investigation involving Powell over a dispute about cost overruns for renovations at the Fed's headquarters.

At a Cabinet meeting the same day, Trump also criticized the Fed's benchmark rate as "unacceptably high," stressing again, "We should have the lowest rates anywhere in the world."

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