š¢ Market ki dunya mein aik nayi buzz sunai de rahi hai ā James Bullard š„, jo St. Louis Federal Reserve Bank ke former president hain, ne apni readiness show ki hai ke wo Federal Reserve ka agla Chair ban sakte hain, agar right conditions create hoti hain. Sources ke mutabiq, unka Treasury Secretary Scott Bysant ke sath is bare mein discussion bhi hua hai š¤.
šļø Ye sab us waqt ho raha hai jab Trump administration š¼ actively Jerome Powell ka alternative search kar rahi hai, jinki term May 2026 mein end hoti hai. Bullard ka sab se strong stance ye hai ke wo September se rate-cutting cycle start karna chahte hain š, aur propose kar rahe hain ke 100 basis points ka cut agle ek saal mein kiya jaye, taake interest rates neutral levels ke qareeb aa saken āļø.
š Bullard ka kehna hai ke tariff policies inflation ko direct drive nahi karti š«, lekin wo economic growth ke pace par asar dal sakti hain š. Saath hi unho ne emphasize kiya ke wo monetary policy mein rigid nahi hain š ā yaad rahe ke 2022-2023 ke inflation crisis ke dauran Bullard ne rate hikes ka strong support kiya tha šŖ, inflation ko control karne ke liye.
š Treasury Secretary Bysant ne ye bhi confirm kiya hai ke 11 top candidates list mein hain jo Powell ko replace kar sakte hain š, jin mein Michelle Bowman, Christopher Waller, Lori Logan aur Kevin Hassett ke naam prominent hain ā. Labor Day ke baad September mein official interviews ka silsila start hoga š .
š White House ki soch ye hai ke leadership change interest rate cuts ko fast-track kar sakta hai š. President Trump openly Powell par criticism kar chuke hain š , aur unka demand hai ke rates ko 4.25%-4.50% se directly around 1% tak laya jaye š°, taake economic activity ko boost mil sake š.
Bysant ke mutabiq, lower interest rates U.S. real estate market ko revive kar sakte hain šļø, housing construction ko encourage karke ā jo medium term mein property prices ko stabilize karne mein help karega š§.
ā ļø Lekin markets cautious hain. Abhi ke estimates suggest karte hain ke Fed sirf 25 basis points ka limited cut karega September meeting mein ā³. Isi tarah, Deutsche Bank ke report ne bhi ye highlight kiya hai ke 150-175 basis points ka aggressive cut policy rules ke mutabiq justify nahi hota š, aur ek gradual approach zyada realistic lagti hai š¢.
Ab sab ki nazrein š September Fed meeting aur is leadership shake-up ke updates par hain ā jo bhi decision hoga, uska asar global markets par z
aroor hoga š.