Last Updated: Jan. 13, 2026 at 3:19 a.m. ET
First Published: Jan. 12, 2026 at 5:47 p.m. ET
BlackRock’s Rick Rieder, a candidate to succeed Federal Reserve Chair Jerome Powell who is reportedly set to be interviewed by President Donald Trump on Thursday, reiterated his support for bringing U.S. interest rates down to 3%, or the lowest level in more than three years.
The prediction market Kalshi currently assigns Rieder an 8% chance of being Trump’s Fed chair nominee.

