The drama over the Fed Chair candidate is still ongoing, with Trump making frequent moves recently. He recently had an in-depth face-to-face discussion with Federal Reserve Board member Christopher Waller, talking about employment and interest rates, and their exchange seemed quite candid.

Waller dropped some hints — believing that inflation is easing and that the federal funds rate might be lowered by 50 to 100 basis points. These remarks drew considerable attention in the market, as they directly relate to the future direction of monetary policy.

On the other side, BlackRock executive Rick Rieder was also called to the Mar-a-Lago estate for an interview. However, Bowman has already been officially ruled out. Heavyweights like Kevin Hasset and Wosh are also in the running, but Trump has not made a final decision yet.

Interestingly, Trump also commented on Waller’s physical fitness during the meeting, saying he can bench press 350 pounds — this "hardcore" vibe seems to have become a plus. The interview was attended by the Treasury Secretary and senior White House officials, indicating a high level of importance.

However, there is some controversy behind this. Trump has been emphasizing "interest rates should listen to my opinion," and has promised to appoint a chairperson inclined to significantly cut rates, which could greatly reduce mortgage costs. Whether this is from an economic perspective or driven by other political considerations remains a subject of debate.

Ultimately, the final choice still depends on an official announcement. Who will become the next Fed Chair not only affects the direction of U.S. economic policy but also triggers chain reactions in global financial markets and the cryptocurrency market.