“忠诚的哈塞特”若出任美联储主席，意味着什么？

Core Viewpoint - Deutsche Bank suggests that if Hassett becomes the Federal Reserve Chair, his initial policy path may be more hawkish or neutral than expected, making large-scale monetary easing unlikely in the near term [1][5]. Group 1: Hassett's Potential Role - Hassett is seen as a "loyal" candidate to replace Powell, aligning with Trump's desire for a lower interest rate advocate within the Fed [2][3]. - Hassett's background includes a PhD in economics and experience at the Fed, making him qualified for the role [3]. Group 2: Challenges to Easing Policies - Hassett may face significant obstacles in implementing aggressive easing policies, including: - Difficulty in achieving internal consensus within the Fed [5]. - Economic fundamentals may not support rate cuts by mid-2026, as the economy is expected to grow steadily with limited downward risks in the labor market and inflation slightly above target [5][8]. - The Fed's committee is predominantly hawkish, making it challenging for Hassett to push for a clear easing stance [6][8]. Group 3: Market Implications - The report emphasizes that the anticipated "rate cut feast" may not materialize, and any policy adjustments will likely be gradual and restrained [9].