US President Trump to interview Fed’s Waller for top Fed job – WSJ

President Trump is scheduled to interview Fed Governor Waller on Wednesday, a move that is drawing significant attention as it pertains to the top Fed position. The implications on economic policy and interest rates could be widespread, indicating that the market might react sensitively to this personnel decision. Waller has been a trusted figure since he joined the Fed in 2020, particularly in discussions around monetary policy. If appointed, it raises questions regarding potential shifts in Fed strategies, especially concerning interest rate policies. Such a personnel change can directly impact market trends, liquidity, and economic growth. Market participants should be particularly aware of the potential changes in interest rate hikes and inflation expectations, which could lead to strong volatility in the markets as traders look to adjust their positions accordingly based on this evolving situation.