U.S. President Trump is anticipated to announce his choice for the Federal Reserve chair soon, potentially as early as today, according to market analyst Ghiles Guezout. During a speech in Iowa, Trump indicated that he has already decided on a successor to Jerome Powell, fueling market speculation.
Analysts suggest that the timing of the announcement may coincide with the Federal Reserve's January policy meeting, which could strategically influence monetary policy direction. The Federal Reserve's FOMC is set to release its interest rate decision on Thursday at 03:00 Beijing time.
Trump Expected to Announce New Fed Chair Amid Market Speculation
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