President Donald Trump told reporters in Davos he will not name a new Federal Reserve chair during his World Economic Forum appearance. The White House official said the decision remains under review, leaving markets without a clear signal on future monetary policy direction. Trump’s delay adds uncertainty to an already volatile rate‑setting environment.

Prediction‑market data from Polymarket puts former Fed governor Kevin Warsh at a 49% chance of landing the job, with BlackRock’s Rick Rieder at 25%, current governor Christopher Waller at 13% and Council of Economic Advisers director Kevin Hassett at 9%. Traders are using these odds to price Fed‑related assets, betting on how the nominee might steer interest‑rate policy.

Investors will watch for a formal announcement once Trump leaves Davos, as the timing could influence Treasury yields and equity valuations. A nominee favoring tighter policy may boost the dollar and pressure rate‑sensitive sectors, while a dovish pick could keep yields low, supporting growth stocks. Market participants expect the White House to signal its stance before the next Fed meeting.