Just saw an explosive news – Hassert made a public statement: If the president nominates him as the Fed chair, he will gladly accept.



This statement is quite direct. After all, Harker has always been a proponent of aggressive rate cuts, advocating for a looser monetary policy. Many in the industry speculate that if he truly ascends to the position, the pace of rate cuts could be significantly faster than it is now.

What does it mean for the market? In simple terms, a more accommodative monetary environment usually benefits risk assets. U.S. stocks may benefit, and the cryptocurrency market is also likely to welcome a more favorable liquidity environment. After all, when liquidity is abundant, funds always need to find an outlet.

This matter is still fermenting, but at least from an expectation standpoint, it can be considered a shot of excitement for the market. How it evolves next, we'll continue to observe.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
SelfCustodyBrovip
· 12-03 14:07
As soon as the rate cut expectations came out, my wallet started itching, haha. The era of loose liquidity is back. Whether the crypto world can make a comeback this time all depends on this guy.
View OriginalReply0
ParanoiaKingvip
· 12-03 05:22
Hassett taking office will definitely mean easing policies; the crypto market is about to take off. --- As soon as the rate cut expectations come out, liquidity will surely flow into risk assets. It's time for us to accumulate some coins. --- Another hawk, feels like both US stocks and crypto are going to get wild. --- If this guy really becomes Fed Chair, the money printer will be running at full speed. --- Ample liquidity means capital looking for an outlet—in plain terms, it's an opportunity for the crypto market. --- Sounds good, but we still have to see if it actually happens. Don’t let it be another empty promise. --- Easing policy = risk asset party. The logic is solid, time to place some bets. --- There's still a long way from making statements to actually taking office, don't celebrate too soon. --- If this guy makes it, I bet crypto will take off again. --- Liquidity is the lifeblood of crypto. This time, it might really be coming.
View OriginalReply0
SelfSovereignStevevip
· 12-01 10:14
When interest rate cut expectations come, large funds need to find a place to go, our crypto world might be To da moon.
View OriginalReply0
DogeBachelorvip
· 11-30 19:51
Once the expectation of interest rate cuts comes out, the crypto world starts to get restless, I'm too familiar with this trap. Is DOGE going to da moon? The prerequisite is to really get on board. Loose liquidity is here, but what if the funds can't find an exit, um... how could they possibly not find one? If this guy really takes the position, I would laugh my head off, how much more aggressive than now. Ah right, right, right, everyone wait to be played for suckers.
View OriginalReply0
ForkItAllvip
· 11-30 19:51
As soon as the interest rate cut expectations came out, the crypto world started to get agitated; we have seen this trap too many times.
View OriginalReply0
OnchainUndercovervip
· 11-30 19:51
As soon as the expectation of interest rate cuts came out, the crypto world immediately got excited, this is the power of liquidity!
View OriginalReply0
governance_lurkervip
· 11-30 19:50
What does Hasett imply? Once the interest rate cut expectations come out, the crypto world will be excited again.
View OriginalReply0
YieldWhisperervip
· 11-30 19:50
With such strong expectations of interest rate cuts, it feels like the crypto world is going to da moon.
View OriginalReply0
Rugman_Walkingvip
· 11-30 19:46
Hasset is going all out, as soon as the interest rate cut expectation comes out, the crypto world is going to da moon.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)