Trump may nominate a successor to Fed Chair Powell early, causing market confusion and risking independence.

From Investing.com: 2025-06-30 06:42:00

Trump’s frustration with Chairman Powell may lead to an early nomination for his successor, potentially creating confusion in the markets and risking Fed independence. Potential candidates include Bessent, Warsh, and Waller. Personal income fell for the first time in four years, but PCE data was in line with expectations. Look out for employment and prices data this week to gauge the impact of tariffs on the economy. Market expects a 100k job increase in the upcoming BLS report. Stay tuned for more updates on the Fed Chair situation and economic indicators. #FedChair #Economy #Tariffs



Read more at Investing.com: Is a ’Shadow’ Fed Chair a Good Idea?