The sudden change in the Fed Chair candidate, Hasset may withdraw, Wosh becomes the biggest favorite
Hasset recently stated that Trump prefers him to continue shining at the White House. Currently, former Fed Governor Kevin Wosh's winning rate has soared to 60%. Wosh is young, tough, and understands Wall Street. Most importantly, he is perceived by Trump as both obedient and professional. In my opinion, if Wosh takes office, he is likely to implement policies that make the economy more robust. This means that the easing might be more aggressive than expected, and inflation could be more intense than anticipated. After all, the current Fed Chair election is not about whose economic theory is more solid, but about who understands Trump's gaze better.
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The sudden change in the Fed Chair candidate, Hasset may withdraw, Wosh becomes the biggest favorite
Hasset recently stated that Trump prefers him to continue shining at the White House.
Currently, former Fed Governor Kevin Wosh's winning rate has soared to 60%. Wosh is young, tough, and understands Wall Street. Most importantly, he is perceived by Trump as both obedient and professional.
In my opinion, if Wosh takes office, he is likely to implement policies that make the economy more robust. This means that the easing might be more aggressive than expected, and inflation could be more intense than anticipated.
After all, the current Fed Chair election is not about whose economic theory is more solid, but about who understands Trump's gaze better.