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Only 5 days left—Powell will step down, and Wosh will take over as Chair of the Federal Reserve.
According to what he talked about earlier, there should be a rate cut once in May or June; otherwise, the “D-dog” will lose it and go after him. If Wosh carries out rate cuts according to the “D-dog’s” will, then he’ll be a puppet chair; if he doesn’t cut and keeps the Federal Reserve independent, then he’ll be the second Powell. So, which one do you think he’ll end up being?