US President Trump says we have a bad Fed Chair; Fed Chair pick in the next few weeks

US President Trump says we have a bad Fed Chair; Fed Chair pick in the next few weeks.

President Trump's comments about the Federal Reserve Chair signal potential volatility in USD and broader markets, especially if a new nominee comes with differing monetary policy views. This statement may challenge existing expectations for rates and could feed into market sentiment around risk assets and fixed income, as participants assess the implications for future Fed guidance.