#TrumpEconomy President Donald Trump announced that a decision on the next Federal Reserve chair is imminent, emphasizing that a "good Fed chair would lower interest rates." He has been vocal in his criticism of current Chair Jerome Powell, urging the Federal Reserve to cut interest rates by a full percentage point to stimulate the economy. Trump highlighted Kevin Warsh, a former Fed governor, as a well-regarded candidate and a leading contender for the position. The financial markets are closely watching these developments, as such a significant rate cut would mark the lowest federal funds rate since September 2022 and could have substantial implications for the U.S. economy.