#美联储重启降息步伐 $ETH $ZEC $LUNA

The market logic behind the Federal Reserve's personnel changes has just surfaced.

In a recent interview, Trump was blunt—any new Fed chair must meet one core requirement: lowering interest rates immediately. He even stated, “That’s the standard,” making his stance clear. His assessment of current Fed Chair Powell was even more direct: “He’s neither smart nor likable.” The implication is obvious: the Fed’s power structure is being reshaped.

No official candidates have been announced yet, but the direction is clear. White House National Economic Council Director Hassett is widely favored; he has repeatedly advocated for rate cuts and criticized the Fed’s preset rate path for lacking flexibility. Waller, Walsh, and BlackRock’s Rieder are also under consideration.

What does this reflect? The Trump administration is pushing a combination strategy: pressuring the Fed to cut rates and release liquidity while maintaining high tariffs to support domestic industries. Trump claims “$18 trillion is flowing into the US,” and there are high hopes for a revival in auto and chip manufacturing.

From a crypto market perspective, the realization of rate cut expectations typically means a more accommodative liquidity environment—which has always been a positive catalyst for risk assets. The key is to watch when these policy signals actually turn into concrete actions. The suspense continues to build.