Core Viewpoint - The competition for the Federal Reserve Chair position is causing collective anxiety on Wall Street, particularly regarding the potential nomination of Kevin Hassett, who is seen as a candidate aligned with President Trump, raising concerns about political influence over monetary policy [1][11]. Group 1: Candidate Concerns - Kevin Hassett has emerged as a leading candidate for the Federal Reserve Chair, with his chances increasing as the list of candidates narrows from 11 to 2 [1]. - Trump's public endorsement of Hassett has heightened market fears, as investors worry that Hassett may implement aggressive rate cuts to align with presidential preferences, potentially leading to financial instability [1][4]. Group 2: Market Reactions - Bond investors express significant concern that Hassett may prioritize political considerations over inflation control, even in the face of inflation exceeding the 2% target [5]. - The fear of "politics overriding inflation" has become a central issue, with comparisons drawn to the market turmoil caused by former UK Prime Minister Liz Truss's radical tax cuts [6]. Group 3: Independence of the Federal Reserve - There is growing apprehension regarding the independence of the Federal Reserve, with market participants perceiving Hassett as a puppet of Trump [8]. - Concerns about the potential erosion of central bank independence have been echoed by international figures, including European Central Bank President Christine Lagarde, who warned that political interference could pose serious threats to the global economy [9]. Group 4: Broader Implications - The debate surrounding Hassett's nomination transcends individual qualifications, focusing instead on the broader implications for the Federal Reserve's independence and the potential for political interference in monetary policy [11]. - The ongoing uncertainty surrounding the nomination process is likely to keep global financial markets in a state of anxiety until a new chair is appointed in May [11].
华尔街慌了!特朗普“钦点”的美联储主席,大佬警告:别成傀儡
Sou Hu Cai Jing·2025-12-05 11:00