According to reports from Jinshi Data, Hassett, who is seen as a strong candidate for the next chairman of the Federal Reserve, recently stated that the Fed currently has ample space for a significant interest rate cut, and if economic data supports it, the cut could even exceed the traditional 25 basis points.
At the same time, Trump candidly stated in an interview that 'whether he dares to cut interest rates quickly' is one of the important criteria for him to select the chairman of the Federal Reserve.
In response to external attention, Hassett emphasized that if he takes office, he will adhere to independent economic judgments and believes the president will trust his professional decisions.
In one sentence:
The expectation of interest rate cuts has risen again, and the market's spirit has begun to draft for the 'future Federal Reserve.'