TechFlow news, on July 23, according to Jinshi Data, PIMCO economist Tiffany Wilding noted in a report that although U.S. President Trump may continue criticizing the Federal Reserve and calling for rate cuts in the short term, he will not replace current Chair Powell. Instead, Trump will influence Fed decisions through upcoming appointments, including Governor Cook's term expiring in January and Chair Powell's term ending in May. Notably, Powell's term as a governor extends until January 2028. Wilding emphasized that regardless of whom Trump nominates as chair, the new leader must present a compelling monetary policy case, first gaining Senate confirmation and then securing majority support on the Federal Open Market Committee.
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