Economy Bloomberg 9d ago

US Stocks Slide After Trump’s Fed Chair Pick, Hotter PPI Data

Market Intelligence Analysis

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Why This Matters

US stocks declined as investors anticipate a hawkish Federal Reserve under President Trump's pick to replace Jerome Powell, indicating a potential increase in interest rates.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

US equities continued their slide Friday morning as traders bet that President Donald Trump’s pick to replace Jerome Powell as chair of the Federal Reserve would bring a hawkish stance to the central bank.

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Original article published by Bloomberg on January 30, 2026.
Analysis and insights provided by AnalystMarkets AI.