🔥$BTC $ETH $XRP Nick's latest news is here again. Given the current situation, the interest rate cut press conference on December 10th by the FOMC is likely to be Powell's farewell performance in his career.

Today, the second round of interviews for the Chair of the Federal Reserve has just concluded, and the next nominee will be announced before Christmas. Whoever takes this position knows clearly—it's just a role of a mouthpiece. The independence of the Federal Reserve? The market has already started to raise questions.
When Powell officially hands over to Trump's term next year, this period will definitely be characterized by strong fiscal policies pressuring the central bank. The pace will change, and the approach will need to be adapted. If we don't keep a close eye on the front line, it will be easy to fall behind.
To provide some background for friends who are unfamiliar:
The most likely successor, Kevin Hassett, was previously a paid consultant for a compliance trading platform and holds stocks in that platform valued between $1 million and $5 million.
His monetary policy stance is very aggressive: openly calling for significant interest rate cuts, hitting back at the Federal Reserve for its 'Keynesian fanaticism' approach, and criticizing the severe internal bureaucratism. His original words were that the current interest rates 'could be much lower'.
The situation has changed. Everyone can taste it for themselves.

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