A statement "I have reduced to one person" immediately tightens the nerves of the global market.



Recent remarks by Kevin Hassett, Chairman of the White House Council of Economic Advisers, have stirred up the industry—"If I were leading the Federal Reserve, I would cut interest rates immediately." This is not a temporary statement; it is a clear signal regarding the future policy direction. With Trump planning to announce the Federal Reserve Chairman candidate before Christmas, this power transition around the global financial hub is becoming the biggest uncertainty in the market as the year comes to a close.

As a practitioner who has been navigating the cryptocurrency market for many years, I can feel that this time, the independence of the Federal Reserve may truly face the most severe challenge in decades. And this change is directly altering the decision-making of every investor through capital flows and asset fluctuations.

**Why Has Hasit Become Trump's "Perfect Choice"?**

This is no coincidence. From the prediction probability of over 80% on the betting site Kalshi to Trump's indication that it "has been reduced to one person," this personnel change has long been an open secret.

Haasett's trump card lies in the degree of policy coordination. He is not only the architect of Trump's tax cut plan but also the core executor of the current economic policy. The key point is the stance on interest rates — his and Trump's thoughts are completely aligned: "The damage to the economy from high interest rates is greater than that from inflation," both advocate for a more aggressive and faster path to interest rate cuts.

The market's reaction is very honest. As soon as the news broke that Hasit became the top candidate, long-term interest rates in the United States fell sharply, and the dollar index weakened. This chain reaction directly boosted the risk appetite for cryptocurrencies such as Ethereum.
ETH-0.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GoldDiggerDuckvip
· 12-23 15:54
As soon as the interest rate cut expectations came out, Ether directly took off... but is this thing really reliable? It feels like it's just stirring up a political story.
View OriginalReply0
MEVSupportGroupvip
· 12-23 10:57
As soon as the interest rate cut expectation came out, I started to increase the position. This market trend is really a bit fierce.
View OriginalReply0
MetaDreamervip
· 12-23 10:55
The arrival of Hasit means expectations for interest rate cuts, so ETH should be To da moon now...
View OriginalReply0
WalletDetectivevip
· 12-23 10:41
Has Hasset taken office? Then the independence of the Fed really becomes a joke. Once the expectation of interest rate cuts comes out, Ethereum will directly To da moon, this wave of dividends should buy the dip.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)