Trump has narrowed the Federal Reserve Chair race to Kevin Warsh and Kevin Hassett, causing shifts in prediction markets. On platforms like Kalshi, Warsh's odds have increased to 40%, while Hassett leads with 51%. Warsh, a former Fed governor, is known for his cautious approach to rate cuts, whereas Hassett, a Trump ally, advocates for more aggressive cuts. The decision is anticipated to influence both traditional financial markets and cryptocurrency sentiment, with potential impacts on investor behavior and market dynamics.
Trump Narrows Fed Chair Candidates to Warsh and Hassett
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