Is a Surprise New Fed Chair on the Way?
There is talk that Trump may announce his “next Fed Chair nominee” before Powell's term expires.
The pool of candidates includes former Treasury officials, leading economists, and a state Fed chair known for his “dovish” stance.
Bond yields are volatile → uncertainty premium is rising.
The dollar index is slightly up; “safe-haven” buying is seen in gold and BTC.
The key question: Does the new name signal interest rate cuts until 2026 or the persistence of high rates?
— Who do you think is coming, and which monetary policy stance will prevail?