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Trump has pulled off another big stunt at the campaign site. This time he directly clarified the appointment standards for the Fed chair—"Only those who promise to lower interest rates can sit in that position." Less than three hours after the video was released, the internet exploded.
The comments section is quite lively. Some joke that Powell must have submitted a promise to cut interest rates back in the day, while others say this selection method is simply a fill-in-the-blank question: to cut or not to cut? The funniest comment directly crowns the Fed as the "leading sector for interest rate cuts," with likes exceeding 100,000.
The data is indeed interesting. He has changed three Fed chairpersons during his term, with each adjustment coinciding with key moments in interest rate decisions. Even more astonishing is that in the past six months, the search popularity of the term "Fed independence" has halved, dropping by 60%. The response from the crypto market has been more direct—Trump-themed token STRUMP has more than doubled this week, with an increase of 128%.
Now the officials of the Fed are talking like artists. Bullard emphasizes "data speaks," Waller calls for "keeping calm," and Powell is ready to say "prudent observation." In short, no one wants to be labeled as "refusing to cut interest rates."
Wall Street has already begun to quantify this matter. Traders worked overnight to create the "Presidential Pressure Index," and investment bank reports specifically added a section on "policy uncertainty risk premium." The most aggressive was a brokerage firm, whose research report cover simply stated: Fed, it's your turn.
This wave of operations is actually a signal for the cryptocurrency circle. Once expectations for interest rate cuts heat up and liquidity loosens, mainstream cryptocurrencies like BTC and ETH have historically shown performance opportunities. It's just that the script for this situation is quite bold.