The recent battle for the Federal Reserve chairmanship has become increasingly interesting. Kevin Woor has become a top contender and even tops the candidate list for the next Fed chair under the Trump administration. Trump has been outspoken about his stance, openly stating that the future Fed chair should listen to his opinions when making interest rate decisions — this has undoubtedly raised concerns about the independence of the Federal Reserve.
Some believe that doing so could turn the Fed chair into a "puppet" of the president, executing policies according to the administration's wishes. However, Trump also leaves room for uncertainty, admitting that he has several excellent candidates in mind. He specifically emphasized that Woor’s views on monetary policy are highly aligned with his own.
Interestingly, JPMorgan Chase CEO Jamie Dimon recently said that he expects Haskett to be more likely to push for rate cuts in the short term, and he also expressed support for Woor’s views on Fed policy. These developments suggest that the direction of monetary policy may face subtle political negotiations. For the crypto market, any adjustments in Fed policy could trigger chain reactions, with rate cut expectations often boosting the performance of risk assets.
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The recent battle for the Federal Reserve chairmanship has become increasingly interesting. Kevin Woor has become a top contender and even tops the candidate list for the next Fed chair under the Trump administration. Trump has been outspoken about his stance, openly stating that the future Fed chair should listen to his opinions when making interest rate decisions — this has undoubtedly raised concerns about the independence of the Federal Reserve.
Some believe that doing so could turn the Fed chair into a "puppet" of the president, executing policies according to the administration's wishes. However, Trump also leaves room for uncertainty, admitting that he has several excellent candidates in mind. He specifically emphasized that Woor’s views on monetary policy are highly aligned with his own.
Interestingly, JPMorgan Chase CEO Jamie Dimon recently said that he expects Haskett to be more likely to push for rate cuts in the short term, and he also expressed support for Woor’s views on Fed policy. These developments suggest that the direction of monetary policy may face subtle political negotiations. For the crypto market, any adjustments in Fed policy could trigger chain reactions, with rate cut expectations often boosting the performance of risk assets.