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Hassett Overtakes Warsh as the Top Candidate for Next Fed Chair 2025-12-17 02:52 According to BlockBeats, on December 17, the probability of National Economic Council Director Hassett becoming the next Federal Reserve Chair has surpassed that of former Fed Governor Warsh, returning Hassett to the top spot. On the prediction market Polymarket, the probability of Warsh being nominated by Trump as Fed Chair has dropped to 30%, while the probability of National Economic Council Director Hassett being nominated has risen to 52%. On the prediction market Kalshi, Warsh's nomination probability has fallen to 31%, while Hassett's has increased to 50%. Previous reports stated that U.S. Treasury Secretary Bessent indicated there may be one or two more interviews for the Fed Chair position this week. Trump has been very direct about policy-related questions during the interviews. Both Warsh and Hassett are "very, very qualified." Bessent also refuted the view that Hassett is ineligible to serve at the Fed, while also dismissing concerns that a new chair would compromise the Fed's independence. Report Correction/Report This platform is now fully integrated with the Farcaster protocol. If you already have a Farcaster account, you can log in to comment

According to Deep Tide TechFlow, on December 17, economist Alicia Garcia Herrero analyzed that the continued weakness of the yen is becoming the decisive factor for the Bank of Japan and the Japanese government to reach a consensus this month and support the long-awaited interest rate hike. Despite concerns about US tariffs and broader geopolitical risks, the Japanese economy has proven to be more resilient than expected. Short-, medium-, and long-term inflation expectations remain above the Bank of Japan's 2% target, which strengthens the case for further policy normalization. Food prices have pushed up the core inflation rate, and the yen has continued to weaken against the US dollar near 155, which may intensify imported inflationary pressures. Alicia Garcia Herrero expects the Bank of Japan to raise the policy rate by 25 basis points to 0.75% at its meeting on December 19. Looking ahead, if the yen fails to stabilize after the rate hike and continues to drag down real income, the Japanese government may also accept further policy tightening, which could open the door to another 25 basis point rate hike early next year. (Golden Ten Data)