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Analysis: "Pigeon to the extreme" Hasset may have no chance of becoming Federal Reserve Chair
Deep Tide TechFlow News, January 16 — According to Jin10 Data, analyst Adam Button from the financial website Investinglive stated that Trump said that the performance of White House National Economic Council Director Harret on television today was good, and he “might want him to stay on.” Trump also added, “We will see.” Some Republican senators have expressed reservations about Harret because of his close relationship with Trump, making it potentially more difficult for him to be confirmed than the other three candidates. Boosted by this news, the dollar rebounded as it highlighted that the Federal Reserve's decision is mainly about political credibility. Among all candidates, Harret is considered the least independent, and since Trump has long favored rate cuts, Harret is instead seen as the most dovish. Similarly, gold prices quickly fell to their lowest point since Tuesday.