US President Trump says he will announce Fed pick tomorrow morning and he has chosen a very good person to lead the Fed

• Pick is someone very well-known to the financial world.
• He will know tonight what happens with the shutdown.

Trump's announcement about his Fed pick could signal a notable shift in monetary policy direction, depending on who he selects and their alignment with the market's expectations. If the nominee is perceived as hawkish or dovish relative to current sentiment, we could see shifts in asset classes, particularly in fixed income and the USD. Market participants will be closely monitoring the implications for rate paths and economic outlook as we approach the decision.