🚨 MARKET UPDATE: FED CHAIR RUMORS — NO OFFICIAL MOVE (YET) 🚨
Despite heavy speculation, Trump has NOT officially announced a new Federal Reserve Chair so far.
🔍 What’s confirmed • Trump is actively discussing Fed Chair candidates
• Treasury Secretary confirms talks are ongoing
• Multiple names still in consideration
• No formal nomination announced yet
⏰ Why markets still care Trump is scheduled to speak from the White House around 8:00 PM ET, and markets are on edge for: • Any hint of a dovish or hawkish pick
• Signals about interest rates
• Commentary on the Fed’s future direction
📊 Market positioning • Risk assets (BTC, alts, stocks) leaning on dovish expectations
• DXY and bonds sensitive to tone
• Volatility likely if Fed leadership is mentioned — even without a name
⚠️ Bottom line No confirmation yet — but the speech itself is the catalyst.
Markets can move on words alone.
Stay sharp. Manage risk. Watch 8 PM ET closely 👀