Trump has spoken: The top candidate for the next Federal Reserve chairman is determined!
The news I just came across is quite explosive—Trump directly named Kevin Warsh as the 'top candidate' for the next Federal Reserve chairman! He specifically emphasized that this guy is on the same page with him regarding interest rate cuts.
This is not just a casual remark. Who is Kevin Warsh? He used to be a Federal Reserve governor, young, has a Wall Street background, and has always leaned 'hawkish' on monetary policy, but if he really aligns with Trump on calling for interest rate cuts, then the direction could change completely. You all understand Trump; he has criticized the Federal Reserve's rates as being too high before, and with the election approaching, it's clear he wants someone who can cooperate with his policies. If Warsh really takes office, the pace of interest rate cuts next year could completely exceed expectations, and the market would likely react ahead of time.
However, let's get back to the point—who is Trump saying this for? On one hand, it's obviously to rally supporters, making it clear that 'I want to push for easing'; on the other hand, it might also be quietly pressuring the current Federal Reserve—don’t oppose me, my person is coming soon.
Do you think Trump is genuinely strategizing this time, or is he merely testing the waters? If Warsh really rises to power, will the interest rate cuts come more aggressively? Comment 评论区 to share your thoughts👇
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