Live Updates > Live Update Details
2025-12-12 14:27:28
Analysts at First Abu Dhabi Bank believe that the outlook for US interest rates and the composition of the Federal Reserve's decision-making body could become more complex in the coming months due to political interference. Once current Fed Chair Jerome Powell's term ends in May 2026, President Trump may want to appoint a staunch dove (National Economic Council Director Kevin Hassett is considered his preferred candidate), potentially influencing the future direction of monetary policy. There is hope that "common sense will prevail," and expectations that the next Fed chair will be appointed based on economic competence rather than political stance.
