Federal Reserve watchers caution against expecting the next Fed leader to easily deliver the rate cuts President Trump desires.
Investors are speculating on interest rate drops post-Jerome Powell's tenure, betting on Trump's intentions to nominate a chair favoring rate cuts.
The new Fed chair will need to build support within the Federal Open Market Committee for rate adjustments, as consensus is crucial for policy changes.
While Trump seeks lower rates, the decision will depend on economic developments and building a broad-based agreement within the committee.