The selection of the Federal Reserve Chairman has suddenly changed, and Hassett may withdraw, while Walsh has become the biggest favorite.

Hassett recently stated that Trump hopes he will continue to shine in the White House.

Currently, the odds of former Federal Reserve Governor Kevin Walsh have skyrocketed to 60%. Walsh is young, tough, and understands Wall Street. Most importantly, he is obedient enough in Trump's eyes but also professional.

In my opinion, if Walsh takes office, he is likely to implement policies that are more favorable for a hot economy. This means that the easing of monetary policy could be stronger than expected, and inflation could be harsher than anticipated.

After all, the current Federal Reserve Chairman election is not about whose economic theory is more solid, but rather who understands Trump's gaze better.