Analyst: Trump may use the January Federal Reserve policy meeting to announce the new chair nomination

ChainCatcher reports that, according to Jinshi, financial news website Investinglive analyst Eamonn Sheridan stated that analysts expect U.S. President Trump to possibly announce the Federal Reserve Chair nomination to succeed Powell as early as this week, with the timing potentially deliberately arranged during the Fed’s January policy meeting. The FOMC will announce its interest rate decision in the early hours of Thursday Beijing time. Against the backdrop of the central bank’s independence being scrutinized again, this meeting has become particularly sensitive.

Analysts pointed out that if the Fed Chair candidate is announced during the meeting, the White House may use this to shape policy narratives, especially if the Fed decides to keep interest rates unchanged. Market commentators believe that synchronizing the nomination announcement with the January meeting has strategic intent. If the Fed does not cut rates this time, the Chair nomination could shift market attention to future leadership and policy directions rather than current decisions.

More broadly, analysts expect the White House may choose to announce the candidate during this meeting or within the following weeks.