Core Viewpoint - The president anticipates that the next Federal Reserve chair will implement lower interest rates, but there is increasing internal opposition that may limit the effectiveness of this leadership change and could disrupt decades of consensus within the Federal Reserve [1] Group 1 - The expectation for lower interest rates reflects a shift in monetary policy direction that could impact economic growth and investment strategies [1] - Internal opposition within the Federal Reserve indicates potential challenges in achieving a unified approach to monetary policy, which may lead to increased market volatility [1] - The potential end of decades of consensus within the Federal Reserve could signify a transformative period in U.S. monetary policy, affecting both domestic and global financial markets [1]
Trump said this week he expects lower interest rates once he can install a new Fed chair in May, but rising opposition to a December rate cut inside the central bank suggests he might not get his way
WSJ·2025-11-22 01:00