Trump predicts interest rates will come down after he announces Fed chair pick
ReutersJan 27, 2026 11:19 PM
Jan 27 (Reuters) - U.S. President Donald Trump on Tuesday said he will soon announce his pick to serve as head of the Federal Reserve, and predicted interest rates would decline after the new chair takes over.
"When we have a great Fed chairman, I think we're going to have one. I'll announce it pretty soon. You'll see rates come down a lot," Trump said during a speech in Iowa.
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