Trump to Attend Policy Meeting Shortly

Summary

US President Trump is scheduled to attend a policy meeting on Friday afternoon, US time JIN10. The meeting follows his statement to reporters that he plans to announce the successor to Fed Chair Jerome Powell on the same day . This comes after a month of policy discussions on various fronts, including the Fed chair nomination Zhitong, crypto regulation AnueSec, energy policy Sina Finance, and potential consumer finance relief measures like credit card rate caps Sina Finance.

Impact Analysis

This isn’t just any policy meeting; it’s the stage for the Fed chair announcement. Trump told reporters he’d name the successor today, so this is it . The timing, right after the Fed’s own meeting QQ News, is a power play. He’s signaling he’s in charge of the monetary policy direction. Given his recent rhetoric and his Treasury Secretary floating a 2.5-3.25% rate range Zhitong, he’s clearly pushing for a dovish pivot. He wants lower rates, and he’s about to appoint the person to deliver them. The market is pricing in a pause, but this is him trying to force the narrative toward cuts.

Bottom line: a dovish nominee is the base case. The surprise would be a hawkish pick, which seems unlikely. This could spark a risk-on rally. I’d look at rate-sensitive tech and be cautious on the dollar.