#数字资产市场动态 $BTC $ETH $ZBT

The Fed Chair Candidate Stirring the Market: Who Truly Controls the Pace of Rate Cuts?

The new Fed chief candidate chosen by Trump is taking shape—Hasset, Waugh, Waller, and Reed are in the final race. Wall Street, however, has collectively voiced opposition to Hasset, citing seemingly noble reasons: he's too easily influenced by politics. But from another perspective, this opposition might itself be part of a public opinion battle.

Cutting rates has become the absolute "political correctness." Trump has made his stance clear, and the four candidates have long unified their messages—no one dares to contradict the President. Hasset has been criticized for "lacking independence," but his past record is actually mixed: he has clashed with Navarro and also defended Powell. If he were to sit in that chair, could he maintain independence? No one can say for sure.

Waugh claims to be hawkish but has softened under pressure; Waller appears objective and rational, but can he withstand political pressure?

Ironically, the only person who truly said "no" was completely sidelined. Powell resisted the rate cut calls, insisted on raising rates, causing significant market volatility, and Trump's resentment toward him grew. Because he chose independence, he lost the chance for reappointment.

Ultimately, this is not about choosing the most knowledgeable person about the economy, but about selecting the most obedient one. The boundaries of the Fed's independence are being redefined in a power struggle. Short-term crypto market fluctuations may continue, but the long-term policy direction is clear—expectations of rate cuts will continue to drive market sentiment.