- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Opinion: Powell is the Best Choice for Fed Chair, Trump's Pressure Reduction on the Fed Will Calm Market Turbulence
BlockBeats News, January 31st, GlassRatner Consulting & Capital Group Managing Director Seth R Freeman pointed out that one of the top priorities for Lael Brainard, the newly nominated Fed Chair, will be to rebuild global market credibility. This is particularly important against the backdrop of the tense relationship between Trump and Powell over the past few months. Brainard is the best candidate for Fed Chair, having served in government for a long time. The market no longer has to deal with the uncertainty and market turmoil brought about by Trump's constant pressure on the Fed Chair, which is good for everyone.
In addition, the sharp decline in gold and silver prices after Brainard's nomination confirms that the market will face a stronger dollar and a different environment. If precious metal prices do not rebound significantly next week, it should not come as a surprise. Given Brainard's hawkish tendency, traders with heavy positions in precious metals may face losses, especially those who have not hedged or taken short positions. (FXStreet)
You may also like
Powell States Federal Reserve Targeted by DOJ, Trump Dismisses Interest Rate Ties
Key Takeaways Federal Reserve Chair Jerome Powell revealed that the Justice Department issued subpoenas to the central bank…
Senate Agriculture Chair Considers Postponement of Crypto Bill Vote Amid Growing Bipartisan Discussions
Key Takeaways: Senate Agriculture Chair John Boozman considers delaying the upcoming vote on the cryptocurrency legislation as bipartisan…
Trump Gets Serious: Powell Faces Criminal Investigation, Rate Battle Intensifies
Is a Stablecoin Considered Cash? Accounting Standards for Stablecoins May Be Adjusted Post-Genius Bill
The Eve of a Fed Pivot: Wall Street Girds for Rate Battle Without 'Powell'
Fed Chair Candidate Upsets Expectations, Powell Surges Ahead: Will "Rate Cuts + Balance Sheet Reduction" Become the New Main Theme?
Key Market Information Discrepancy on December 16th - A Must-Read! | Alpha Morning Report
Key Market Intelligence on December 3rd, How Much Did You Miss?
The Possibility of a Fed Chair Bringing a Wild Bull Run
Kevin Hassett: Trump’s Crypto-Friendly Candidate for Fed Chair
Key Takeaways: Kevin Hassett, a well-known economic advisor for the Trump administration, is being considered for Federal Reserve…
Exploring the Dynamics of Stablecoin Regulation in U.S. Congress
Key Takeaways Recent U.S. Congressional hearings highlighted confusion over the terminology and regulation of stablecoins. Federal Reserve Vice…
Kevin Hassett’s Potential Rise as Federal Reserve Chair Amid Trump’s Hints
Key Takeaways: Trump’s hints have significantly boosted prediction market odds for Kevin Hassett becoming the next Fed Chair.…
December 3 Key Market Insights - A Must Read! | Alpha Morning Report
FDIC’s Regulatory Framework for Stablecoins: GENIUS Act Advances Set for December
Key Takeaways The U.S. FDIC is poised to propose initial regulations under the GENIUS Act concerning stablecoin issuers…
U.S. FDIC Prepares Stablecoin Regulation Proposal under GENIUS Act
Key Takeaways: The U.S. FDIC is set to propose rules for stablecoin issuers, as part of the GENIUS…
Why the Next Federal Reserve Chair is Crucial for the Crypto Industry
Key Takeaways New Leadership Impact: The upcoming appointment of the Federal Reserve Chair could drastically influence the trajectory…
Forbes 2026 Interest Rate Forecast, Who Determines the Fed's Path?
Who Will Become the Next Fed Chair to Boost the Crypto Market? An Analysis of Candidates and Key Timelines
Key Takeaways: Kevin Hassett is the most dovish candidate, potentially ushering a new liquidity wave into the crypto…
Powell States Federal Reserve Targeted by DOJ, Trump Dismisses Interest Rate Ties
Key Takeaways Federal Reserve Chair Jerome Powell revealed that the Justice Department issued subpoenas to the central bank…
Senate Agriculture Chair Considers Postponement of Crypto Bill Vote Amid Growing Bipartisan Discussions
Key Takeaways: Senate Agriculture Chair John Boozman considers delaying the upcoming vote on the cryptocurrency legislation as bipartisan…
App