The Zhitong Finance App learned that the US Federal Reserve of Atlanta announced on Monday that it has officially begun the selection process for a new governor. Earlier, Bostic, the bank's current governor, had confirmed that he would retire after his term expires at the end of February this year.

The Zhitong Finance App learned that the US Federal Reserve of Atlanta announced on Monday that it has officially begun the selection process for a new governor. Earlier, Bostic, the bank's current governor, had confirmed that he would retire after his term expires at the end of February this year.