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The Fed’s six big challenges in 2026

Bill Dudley
Bill Dudley • 4 min read
The Fed’s six big challenges in 2026
In the coming months, markets will undoubtedly obsess over US President Donald Trump’s choice to lead the Federal Reserve and whether this will give him the control he seeks over interest rates.
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In the coming months, markets will undoubtedly obsess over US President Donald Trump’s choice to lead the Federal Reserve and whether this will give him the control he seeks over interest rates. Yet that’s not the only challenge the world’s most powerful central bank will face in 2026.

I see six big ones:

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