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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Trump follows Powell's successor, and the market bets that The Federal Reserve (FED) will take a more moderate stance.
Gate News bot reported, according to Reuters, that investors indicate a gap between the Federal Reserve's expected interest rate level at the end of 2026 and the larger expected rate cuts in the financial markets, partly due to expectations that U.S. Central Bank Chairman Jerome Powell will be replaced by a more dovish figure next year.
However, they warned against assuming that the change in leadership at the Federal Reserve will necessarily bring as much policy easing as expected by the market and U.S. President Donald Trump.