Analysis: Trump may announce the new Federal Reserve chairman during the FOMC meeting.

date
28/01/2026
According to reports, during a speech on Tuesday in Iowa, US President Trump said, "I will soon announce the Chairman of the Federal Reserve." How soon is "soon"? Speculation in the market intensifies. Market analyst Ghiles Guezout stated that the announcement could come as early as today. Based on several news reports in recent weeks, Trump has said he has already made a decision on Powell's successor. Analyst Eamonn Sheridan from the financial website Investinglive also mentioned that Trump's announcement timing could be deliberately arranged during the January policy meeting of the Federal Reserve, with a strategic intent. If the Federal Reserve does not cut interest rates this time, then announcing the Chairman of the Federal Reserve during the meeting would allow the White House to influence policy direction.