Trump: The new chairman of the Fed is about to be decided, will the interest rate policy change?

Question

[Block Rhythm] Last night at the cabinet meeting, Trump revealed a bit: The new chair of the Fed may be announced early next year. He said he has screened 10 candidates, and now only one is left. Treasury Secretary Basent? They don't want to take this job.

When introducing Hassett at the meeting, Trump made a profound remark: “The potential Fed chair is right here.” As soon as this was said, the market immediately began to ponder.

The old saying goes that Trump has dissed Powell again. He said, look, even Jamie Dimon from JPMorgan thinks it’s time to cut interest rates. The implication is that the current interest rate policy is too conservative. The direction of the Fed's monetary policy has always been a major issue that affects the nerves of the entire financial market — and the crypto market is no exception.

UnluckyMiner · Accepted Answer

Has Hasset taken over as the Fed Chair? Then the coin price is going to soar, the interest rate cut expectation is solid.

Only when the interest rate cut comes can we be saved, Powell this dead dove really annoys me.

Trump&#39;s move is just boosting the crypto world, those in the know can tell.

If the interest rate loosens, funds will definitely flow into the crypto world, waiting for a rebound.

I bet five bucks that in Q1 next year there will be an official announcement, then BTC will break 100,000.

Just want to know if I should increase the position now, feels like the timing has come?

Powell rolling away is the best news, no exceptions.

When the interest rate policy changes, miners&#39; costs can drop significantly, then I can make some profit.

ContractBugHunter · Answer

Hasset&#39;s rise is stable, is the interest rate cut cycle coming? There might be another opportunity in the crypto world.

ImpermanentLossEnjoyer · Answer

Is Hassett going to make it? The interest rate cut expectations are pumped up, bro, my coin is finally going to da moon.

WagmiAnon · Answer

If Hassett takes over, interest rate cuts are a certainty, and retail investors will have a chance to buy the dip.

Once the expectation of interest rate cuts comes out, the crypto world will get excited, and liquidity will be sufficient.

Trump&#39;s move is brilliant; he first whets the market&#39;s appetite before making the announcement, it&#39;s clever.

Powell really should step down; he has been stubbornly holding on, causing so many people to suffer.

Even Jamie Dimon from JPMorgan can&#39;t stand it anymore; what does this indicate, everyone?

Has the easing cycle arrived? I&#39;m already prepared to buy the dip.

Instead of guessing the candidate, it&#39;s better to see how the new chair votes in the first FOMC meeting.

Once interest rates loosen, it&#39;s really going to da moon, so don’t say I didn’t remind you.

Can the new Fed chair be settled so quickly? It feels like something&#39;s off.

All they know is interest rate cuts, but what about the common people? This logic is just absurd.

If Hassett takes charge, certain interest groups will be crying, but we should be happy.

ETHReserveBank · Answer

Hassett&#39;s ascent has basically been secured, and the interest rate cut cycle is coming, this wave is bullish.

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Powell should step down, Trump has long been dissatisfied with this trap.

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Another puppet Fed chairman? The crypto world needs to be prepared.

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Interest rates are going down, liquidity is easing, this is too friendly for us.

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Dimon has also spoken out, indicating that big capital is anxious, interest rate cuts are not far off.

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The new chairman is bound to point shave, why are there still people bearish?

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The Fed&#39;s policy is about to change, the crypto market is waiting to da moon.

GateUser-3824aa38 · Answer

The Hasset&#39;s rise is basically locked in, and this wave of interest rate cuts is really on the way.