From video
Interpreted Prediction
Following the expiration of Jay Powell's term in May 2026, President Trump is expected to appoint a new Fed chair who will ease monetary policy before the midterms.
AI Evaluation Notes
Jay Powell's term expired in May 2026, but President Trump is not in office to appoint a new Fed chair. The prediction that the new Fed chair would ease monetary policy also cannot be evaluated since the premise of Trump appointing the chair is incorrect.