There will be another person t

There will be another person taking over Powell immediately. There will not be any impact. The potential temporary drop will just be triggered by machines algorithm that reacts to the "bad news" and the market will quickly recover from the sell off

Possible Shadow Fed Chair: Will 2025 Rate Cut Ignite Market?

President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates. "It's coming out very soon". Trump criticizes Powell's rate policy again. ---------- How do you expect Trump's move? Will the "shadow" fed chair bring more rate cuts? Is it a good signal to fuel the market or make the market more chaotic?

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