Trump's Announcement on Fed Chair: President Donald Trump indicated he would announce a replacement for current Fed Chair Jerome Powell early next year, raising speculation about the future leadership of the Federal Reserve.
Powell's Potential Continuation: Deutsche Bank noted that Powell could remain on the Board of Governors after his chairmanship ends in May 2026, as his term as a governor lasts until January 2028, which is not a common practice among past Fed Chairs.
Historical Precedents: The article references historical figures like Charles Hamlin and Marriner Eccles, who chose to stay on the Fed board after their chairmanships ended, suggesting Powell might consider a similar decision if political pressures threaten the Fed's independence.
Market Reactions: The independence of the Federal Reserve is crucial for Wall Street, with recent market recoveries indicating investor confidence, as the S&P 500 is on track for significant annual gains despite previous downturns.
Wall Street analysts forecast SH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 35.950
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Current: 35.950
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
