Investors Anticipate Changes with New Federal Reserve Leadership Under Trump
Investors are preparing for significant changes at the Federal Reserve as President Trump nears selecting a new central-bank chair. Trump has emphasized his desire for lower interest rates and expects the new Fed leader to align with his agenda. While the Fed chair does not unilaterally set rates, a Trump-appointed majority on the Federal Open Market Committee could influence rate decisions and potentially dismiss opposing Fed presidents. This potential shift is causing cautious market anticipation.