The webpage discusses the potential impact of President Trump's appointment of a new Federal Reserve chair on interest-rate cuts. Despite Trump's desire to appoint a chair who will deliver steep interest-rate cuts, analysts believe that a new chair may face an uphill battle in achieving this goal. The Federal Reserve's interest-rate committee requires a majority vote, and analysts think that a new chair may struggle to get the necessary votes, especially given the current inflation rates and the Fed's 2% target. The article highlights the complexities of the Fed's decision-making process and the potential challenges a new chair may face.