Federal Reserve Chair Candidate Race: The ‘Dovish Battle’ of Two Kevins 🔥🔥🔥🔥$BTC
Oh dear, selecting a chair for the Federal Reserve
Is simply like picking a ‘rate cut spokesperson’—Trump specified he wants to find a ‘Dove King’ who loves to cut rates significantly, and the result is that the two hottest candidates are both named Kevin, leading the market to call out “Kevin vs Kevin”, abbreviated as the “Kevin Civil War”!
-Kevin Hassett: Trump’s staunch economic advisor, a “loyalist” in the White House, early predictions saw market probabilities soar to over 80%
Trump has openly hinted at him, and the market reacted immediately (yields dropped sharply). But later, some worried that he listens too much to his boss, fearing the Fed would turn into a “White House printing machine”.
Humorous point: Hassett himself said on a program, “If the president asks me about interest rates, I’ll talk about it to death every day—but his opinion? Zero weight!” (Translation: Boss, you say your thing, I’ll print my own~)
Kevin Warsh: Former Fed governor with a deep Wall Street background and internal experience. Suddenly made a comeback in mid-December, Trump stated in an interview that “Warsh ranks first, both Kevins are great!” Market probabilities briefly surpassed Hassett. Advantage: Seems more “independent”, won’t be labeled as Trump’s “tool”.
Core:
- No matter who takes the position, they are basically dovish: low, low, low interest rates, stock market and gold booming, significant pressure on the dollar.
- But the biggest punchline is the “independence concern”: Trump wants the new chair to “consult” him on interest rate decisions, which essentially means “Fed, ask me if I’m in a good mood before you print money?” The market is scared; if inflation rebounds, doves turn hawks, and the stock market will cry.
- Trading strategies remain unchanged: Dovish expectations are favorable for tech stocks and gold; the dollar can be shorted in the short term, but once uncertainty rises, it’s time for a bumpy safe haven.
Latest developments:
Trump said he will announce it in early 2026, but there has been no official announcement yet.
The market predicts the two Kevins will take turns at the helm, raising the suspense to the max.
In short, this “Kevin Show” is a spectacle that loves drama—whoever wins, the global wallet will tremble along with it! 😂
