PANews reported on January 27th that, according to Jinshi, Louis Navellier, Chief Investment Officer of fund management company Navellier, pointed out in a report that this week's Federal Reserve interest rate meeting may soon be overshadowed by US President Trump's nomination of a new Federal Reserve Chairman in the coming weeks. Given that the new chairman needs Senate confirmation, Navellier expects this to spark a heated debate surrounding inflation. He analyzed, "Due to falling rents and house prices, low oil prices, coupled with deflationary pressures imported from other countries and weak economies in many parts of the world, a serious risk of deflation is brewing, which may force the Federal Reserve to lower key interest rates by at least 1%."