Wash narrowly beats Federal Reserve Chair! Is Trump's approach coming? The rate-cutting camp is completely excited

The news of Wash successfully taking the position of Federal Reserve Chair instantly ignited the market.
Because in many people's eyes, his biggest label is only one:
"More inclined to cut rates."
Wall Street has now started to wildly speculate: Trump + Wash, could they initiate a "low interest rate frenzy"?
After all, Trump has never liked high interest rates. Because the higher the interest rate, the greater the pressure on US bonds, and the easier it is for economic growth to slow down. The market even joked: "Trump's biggest dislike isn't inflation, but a falling stock market."
But here’s the question.
Can the Federal Reserve Chair really listen entirely to the president?
Not necessarily.
Historically, the core task of the Federal Reserve has always been to control inflation. If inflation rears its head again, even if the president urges rate cuts every day, the chair may not dare to act rashly.
And now, the most awkward thing is that the US economy isn't showing obvious signs of recession.
Employment is strong, consumption is strong, and US stocks are hitting new highs. In this context, rashly cutting rates could easily cause inflation to explode a second time.
So even if Wash is dovish, he may not dare to step on the gas pedal all the way.
But the market is already excited in advance.
Because as long as "the future may be more accommodative," the valuation of risk assets will rise first. The crypto circle is especially sensitive; many funds have already started to pre-position for rate cut trades.
Simply put, what the market is speculating on now isn't reality, but expectations.
And the craziest time in financial markets is often when everyone starts trading "future fantasies."#沃什确认出任美联储主席