Looks like the White House is finally ready to make a move on the Fed. Trump just dropped what might be his clearest signal yet about who's replacing Jerome Powell as chair. The "Too late" label says it all - seems like someone's patience with current monetary policy has completely run out. Market watchers are already speculating on what this leadership shift could mean for interest rates and risk assets going forward.
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Looks like the White House is finally ready to make a move on the Fed. Trump just dropped what might be his clearest signal yet about who's replacing Jerome Powell as chair. The "Too late" label says it all - seems like someone's patience with current monetary policy has completely run out. Market watchers are already speculating on what this leadership shift could mean for interest rates and risk assets going forward.