The weakest Federal Reserve Chair in history takes office, don’t expect rate cuts

Wosh just became Fed Chair with the weakest vote count in history, and his position is quite unstable.

The Democrats are worried he’ll listen to Trump and recklessly cut rates, and the Fed internal officials have also made it clear: oppose unreasonable rate cuts outright.

Inflation is still high now, and although he claims to want to shrink the balance sheet and cut rates, there’s basically no room in reality.

In the next six months, with election pressures mounting, policies will be unpredictable, and crypto market volatility will only get crazier. It’s better not to leverage blindly.