The Federal Reserve sent some important signals this week about the state of the U.S. economy. WSJ's Gerald F. Seib explains why that spells good news and bad news for President Trump. Photo: GettyWASHINGTON—President Trump said Friday he intends to nominate former campaign adviser Stephen Moore to serve on the Federal Reserve’s Board of Governors. Mr. Trump told reporters about his plans after landing in Florida, where he is spending the weekend. Mr. Trump made the offer to Mr. Moore earlier this week, an administration official said.

Source: Wall Street Journal March 22, 2019 14:42 UTC