🇺🇸 Trump Team Eyes Rate-Cut Advocate Chris Waller as Next Fed Chair
🏛 A Bloomberg report reveals that Chris Waller, a current Federal Reserve Governor and strong proponent of rate cuts, is emerging as the top choice among Donald Trump’s advisers to succeed Jerome Powell as Fed Chair.
🔹 Waller’s approach of relying on policy forecasts rather than current data has impressed Trump’s inner circle.
🔹 His institutional knowledge of the Fed and practical approach to monetary policy make him a strong contender.
🔹 Although Waller hasn’t yet met with Trump himself, sources say an announcement could come “fairly soon.”
🔹 Other names in the mix include former Fed Governor Kevin Warsh and economist Kevin Hassett.
📊 According to Polymarket, there’s now a 33.6% chance that Waller gets the nod in 2025, as speculation around Powell’s successor heats up.
📢 With Powell’s term not ending until May 2026, an early announcement could reshape market expectations for rate policy, inflation, and even crypto.
#FederalReserve #Trump #MonetaryPolicy #InterestRates #CryptoPolicy
https://coingape.com/trump-team-favors-rate-cut-advocate-chris-waller-for-fed-chair/?utm_source=bnb&utm_medium=coingape