Trump May Announce New Fed Chair Today

KuCoinFlash

Release Time: 01/28/2026 14:01:54

Summary

According to Blockbeats, Trump may announce a new Federal Reserve Chair today. During a speech in Iowa on Tuesday, the president hinted at the possibility, with analysts expecting an announcement before the Fed's January policy meeting. A new chair could influence CFT measures and impact risk-on assets. The decision may also coincide with the Fed's interest rate announcement scheduled for Thursday at 03:00 UTC. Reports indicate that Trump has already decided on a successor to Jerome Powell.

BlockBeats news: On January 28, during a speech in Iowa on Tuesday, U.S. President Trump said, "I will soon announce my choice for the chair of the Federal Reserve." How soon is "soon"? Speculation about this from the market is intensifying.

Market analyst Ghiles Guezout said this announcement could come as early as today. According to multiple news reports in recent weeks, Trump stated that he "has already" made a decision on Powell's successor.

Eamonn Sheridan, an analyst from financial website Investinglive, also noted that Trump's official announcement could be deliberately timed to coincide with the Federal Reserve's January policy meeting, which is strategically intended. If the Fed does not cut interest rates this time, announcing the Fed chair nominee during the meeting would allow the White House to influence the direction of policy. The Federal Reserve's FOMC will release its interest rate decision at 03:00 Beijing time on Thursday. (Jinshi)

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