Odds for January Fed chair nomination tick up as Trump weighs shortlist
· flowframe Pulse
The market rose as investors anticipate an imminent announcement following President Trump's earlier pledges to name a successor to Jerome Powell by the end of January. Despite official comments in Davos suggesting a decision is still pending, the narrowing of the candidate shortlist and the ongoing DOJ investigation into Powell have sustained expectations for a pre-February nomination.
37¢ → 41¢ • Vol: $0.2M