The upcoming Federal Reserve interest rate meeting could be overshadowed by President Trump's anticipated nomination of a new Federal Reserve Chairman, according to Louis Navellier, Chief Investment Officer at Navellier. Navellier suggests that the nomination process, which requires Senate confirmation, may shift market focus towards inflation debates. He highlights potential deflationary pressures due to falling rents, house prices, and low oil prices, which could prompt the Fed to consider a significant interest rate cut.