๐จ LIVE: U.S. Treasury Secretary Basant Makes Major Announcement! ๐บ๐ธ
Basant just confirmed he is actively working on selecting Jerome Powell's successor as Fed Chair โ with a decision expected in the coming weeks.
๐ข Why This Matters:
Leadership Change = Potential Policy Shift
Markets could react sharply based on whether the next Chair is hawkish or dovish.
Interest rate direction, inflation response, and economic growth strategies may pivot.
๐ What to Watch:
Market Sentiment: Stocks, crypto, and bonds may start pricing in new policy expectations.
Crypto Angle: Historically, Fed transitions bring volatility. A dovish successor could boost risk assets like Bitcoin and altcoins ๐
Stay tuned โ this could reshape the entire financial landscape.