Rick Rieder, the Chief Investment Officer of the trillion-dollar asset management giant BlackRock, has appeared at Mar-a-Lago for the interview for the position of Fed Chair. This ultimate competition for global monetary policy influence has officially entered a critical stage.
The opposing lineup is a bit fierce. Former White House economic advisor Kevin Hassett, former Fed governor Kevin Walsh, along with current Fed governor Waller, all four are heavyweight figures. To be honest, the moment this list appeared, the crypto market began to ponder - whoever takes office, the monetary policy will head in that direction.
The final candidate for the chairman of the Fed is related to global liquidity, interest rate policy, and the trend of the dollar, which in turn affects the funding situation of the entire crypto ecosystem. The short-term fluctuations of assets like $ETH and $ASTER will to some extent follow the direction of the chairman's selection. This interview at Mar-a-Lago is, in a way, also determining the narrative logic of the crypto market moving forward.
The global market is holding its breath waiting for that answer.
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Rick Rieder, the Chief Investment Officer of the trillion-dollar asset management giant BlackRock, has appeared at Mar-a-Lago for the interview for the position of Fed Chair. This ultimate competition for global monetary policy influence has officially entered a critical stage.
The opposing lineup is a bit fierce. Former White House economic advisor Kevin Hassett, former Fed governor Kevin Walsh, along with current Fed governor Waller, all four are heavyweight figures. To be honest, the moment this list appeared, the crypto market began to ponder - whoever takes office, the monetary policy will head in that direction.
The final candidate for the chairman of the Fed is related to global liquidity, interest rate policy, and the trend of the dollar, which in turn affects the funding situation of the entire crypto ecosystem. The short-term fluctuations of assets like $ETH and $ASTER will to some extent follow the direction of the chairman's selection. This interview at Mar-a-Lago is, in a way, also determining the narrative logic of the crypto market moving forward.
The global market is holding its breath waiting for that answer.