The battle for the Fed chairmanship is heating up! Trump is about to announce his nominee, expectations for interest rate cuts are rising, and whoever supports significant rate cuts should be chosen!\nTrump has recently conducted intensive interviews with Fed chair candidates, and the final list has been locked in with four individuals. He has made it clear that the new chair must support 'significant rate cuts' and is expected to announce the nominee within weeks.\nThe four final candidates\n· Kevin Hassett: former White House economic advisor, said the latest CPI data is 'explosively good'\n· Kevin Warsh: former Fed governor, holds a dovish stance on monetary policy\n· Christopher Waller: current Fed governor, recently met with Trump and advocates for gradual rate cuts\n· Rick Rieder: BlackRock executive, expected to interview before the end of the year\nTrump specifically praised Waller as 'great' and has previously interviewed him for the position of Fed governor. Meanwhile, Fed governor Bowman, who was mentioned earlier, has withdrawn from the race.\nTrump: Significant rate cuts are a must\nIn a public speech, Trump emphasized that the new chair should push for a significant drop in interest rates to ease mortgage repayment pressures. Currently, the Fed's rate is in the range of 3.5%-3.75%, while Trump hopes to lower it to a more favorable level.\nInflation data and officials' statements\nIn November, the U.S. CPI rose by 2.7% year-on-year, indicating a slowdown in inflation. However, New York Fed President Williams warned that due to missing October data, the November reading could be technically 'underestimated by about 0.1%', and needs to be assessed in conjunction with December data for further judgment.\nChicago Fed President Goolsbee believes the data is 'encouraging'; if inflation continues to slow, further rate cuts may be possible next year. Fed governor Waller also supports rate cuts but stresses there is 'no need to rush into action' and that a steady approach toward neutral interest rates is advisable.\nIn summary: The Fed chair candidates will soon be revealed, Trump is strongly advocating for 'significant rate cuts,' inflation shows signs of cooling but Fed officials remain cautious, and the future path of monetary policy will still depend on the data.\n#巨鲸动向 #加密市场观察