Who will succeed Powell?Introduction: The Fed is at a crossroads
On October 22, 2025, the global financial markets are holding their breath in anticipation of a suspenseful moment: the term of Jerome Powell, Chairman of the Federal Reserve (hereinafter referred to as "Fed"), will end on May 15, 2026. This is not only a key point for personnel change but also a crucial test for the direction of U.S. monetary policy, global economic stability, and the independence of the Fed. Against the backdrop of the strong return of the Trump administration, the choice of successor, adjustments to the interest rate path, and whether the Fed can continue to resist political pressure have become the focal points of discussion among markets, scholars, and ordinary investors. As a trader on platform X commented: "Trump's new Fed picks have already voted for a 50 basis point rate cut... you do the math, an extended cycle is coming." This statement has ignited the market's speculation about the monetary policy after the end of the "Powell era."
金色财经_·2025-10-24 01:56