Analyst: Trump may announce new chairman nomination during January Federal Reserve policy meeting

According to Jinshi reports, Eamonn Sheridan, an analyst from the financial website Investinglive, stated that analysts expect U.S. President Trump to announce the nominee to replace Powell as Federal Reserve Chairman as early as this week, possibly timed to coincide with the Fed's January policy meeting. The FOMC will announce its interest rate decision in the early hours of Thursday Beijing time, making this meeting particularly sensitive against the backdrop of renewed scrutiny of central bank independence.

Analysts pointed out that if the nominee for the Federal Reserve Chairman is announced during the meeting, the White House may use this to dominate the policy narrative, especially if the Fed decides to keep interest rates unchanged. Market commentators believe that synchronizing the announcement of the nomination with the January meeting has strategic intent. If the Fed does not cut rates this time, the chairman nomination could shift market attention to future leadership and policy direction, rather than current decisions.

More broadly, analysts expect the White House may choose to announce the nominee during this meeting or in the following weeks.