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2025-09-18 21:10:24
Powell's Successor's Words Impact Market Trends: ⑴ According to Bank of America economists, Federal Reserve Board Governor Waller is considered a leading candidate to succeed Powell. ⑵ He appeared satisfied with the 25 basis point rate cut, dispelling earlier market concerns that the Fed's dovish shift was politically motivated. ⑶ However, significant disagreement remains within the Fed regarding future policy direction, stemming from complex factors such as inflationary pressures stemming from Trump's tariff rhetoric and a deteriorating labor market. ⑷ Policymakers are sharply divided over the pros and cons of further easing, potentially leading to heated votes at the final two meetings of the year. ⑸ The intensity of this internal debate is adding to market uncertainty.
