Trump appoints successor for Jerome Powell - New leadership at the Federal Reserve in focus

President Trump made it clear in his speech that the succession of Jerome Powell at the Federal Reserve is progressing rapidly. With this personnel change, a possible realignment of U.S. monetary policy is on the horizon. The announcement of the new candidate could have far-reaching effects on financial market expectations.

When will Trump’s decision be announced?

According to market analyst Ghiles Guezout, the announcement of the new chairperson could happen soon. Trump has already selected his successor for Jerome Powell, with various scenarios being discussed. Investment analyst Eamonn Sheridan from Investinglive suspects that the timing may be strategically chosen to exert maximum influence on political and economic directions.

Impact on monetary policy and interest rates

The appointment of a new chair at the Federal Reserve has direct consequences for future interest rate policies. A leadership change potentially means new economic priorities and altered decision-making criteria regarding profitability and inflation. Analysts are closely watching how the new leadership under Trump positions itself and what signals it sends regarding future monetary policy.

Market expectations and economic implications

The Federal Reserve and its decisions on the key interest rate shape the entire financial landscape. With Jerome Powell as the current chair, a certain course of monetary policy has been established. A change could lead to more volatile markets or new economic outlooks. Investors and analysts are following this development with great interest, as it could directly influence their portfolios and investment strategies.