The Federal Reserve's structure could pose challenges for a new chair in 2026 seeking to expedite rate cuts. Policy decisions are made by the Federal Open Market Committee (FOMC), not solely by the chair, making it difficult to implement rapid changes without a clear majority. Historical examples show that even assertive chairs have struggled to unilaterally influence policy shifts. Investors are advised to monitor economic data and FOMC communications for insights into future rate adjustments.
New Fed Chair in 2026 May Face Hurdles in Accelerating Rate Cuts
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