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Trump's Beauty Contest for the Federal Reserve Chair: A 'Rate Cut Loyalty Test'!
The competition for the Federal Reserve Chair has entered a critical round. Trump has been interviewing intensively, with four candidates—Hassett, Walsh, Waller, and Riedel—moving into the finals. He made it clear: they must support 'significant rate cuts'; whoever complies will rise to power!
🔥 Currently, it seems that sitting board member Waller has a slight lead. Trump praised him as 'great,' and the two have had prior contact. However, the subtlety lies in the fact that Waller advocates for 'gradual rate cuts,' whereas Trump wants 'fast and aggressive.' The degree of alignment on this nuance may determine the final choice.
📉 Trump's desire for rate cuts is unabashed. He stated that interest rates must drop significantly to alleviate the monthly payment pressure on the public. Currently, rates stand at 3.5%-3.75%, but he wishes they could drop all the way down, giving the economy a strong dose of stimulus. #比特币流动性
💡 Coincidentally, the inflation data seems to provide 'reasons.' November's CPI rose 2.7% year-on-year, indicating a cooling of inflation. However, there are differing opinions within the Federal Reserve—New York Fed President Williams warned that the data might be 'underestimated,' while Chicago Fed's Goolsbee sees more room for rate cuts. The data has become a 'weapon' that both sides can wield.
On one side, the president is waving the banner of rate cuts to 'select talent,' while on the other, the Federal Reserve is wary of an inflation rebound, emphasizing its tradition of independence. This personnel showdown has long transcended personal appointments, evolving into a strategic game about the direction of the U.S. economy: prioritize stimulus or emphasize risk?
Who do you think will rise to power? Will significant rate cuts be the antidote for the U.S. economy or the beginning of a new round of risks?
We look forward to your thoughts in the comments!

