President Trump will interview BlackRock's (BLK) Rick Rieder this week to possibly be next Fed Chair, FOX Business reports citing sources; sources say it will take place on Thursday

President Trump will interview BlackRock's (BLK) Rick Rieder this week to possibly be next Fed Chair, FOX Business reports citing sources; sources say it will take place on Thursday.

This news regarding Rick Rieder's possible appointment as Fed Chair is notable as it could signal a shift in monetary policy direction depending on Rieder's views. If he leans towards more accommodative policies, it may have implications for interest rates and ignite discussions around the dollar's value relative to other currencies. Market participants should closely monitor this situation, as it could influence risk sentiment across various asset classes, particularly equities and fixed income.