BlackRock's top executive is gaining serious traction as a potential Fed Chair candidate. In a significant Thursday meeting, he's pushing an aggressive rate-cutting agenda—targeting 3% to ease pressure on small businesses, housing, and labor markets. Market expectations are shifting fast: his Kalshi odds have tripled overnight, jumping from 3% yesterday to 10% today. This signals growing confidence that his dovish monetary stance could shape the Fed's near-term direction. For crypto investors watching macro signals, this development matters. A 3% fed funds target would mark a substantial pivot from current policy, potentially reshaping risk appetite across traditional and digital asset markets. The move toward policy accommodation could influence capital flows more broadly.

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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • 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)