“无能”的鲍威尔，还没下台就被架空？美联储五名候选人全反他

Core Viewpoint - The selection of the new Federal Reserve Chair is heavily influenced by Trump and his Treasury Secretary, Bessent, indicating a shift towards more dovish monetary policy, with potential implications for market stability and the Fed's independence [1][13]. Group 1: Candidates and Their Positions - The five candidates for the Federal Reserve Chair are all dovish, advocating for significant interest rate cuts, contrasting with Powell's cautious approach [1][8]. - The candidates include Waller, Bowman, former Governor Warsh, White House economic advisor Hassett, and BlackRock's Rick Ried, all of whom align with Trump's desire for aggressive monetary easing [5][8]. Group 2: Bessent's Role - Bessent holds significant power in the selection process, having narrowed down the initial list of candidates from eleven to five, indicating his influence over the final choice [5][10]. - Despite not officially running for the position, Bessent's preferences will likely shape the policies of whoever is ultimately selected, as he has publicly called for a reduction in interest rates by 150-175 basis points [5][10]. Group 3: Market Implications - The potential appointment of a candidate aligned with Trump's views could lead to increased volatility in U.S. equity markets and fluctuations in the dollar's value, as the Fed's independence may be compromised [13]. - The market perceives that selecting Hassett would mean a direct alignment with Trump's policies, while Waller would maintain a facade of professionalism while still adhering to Trump's directives [9][10].