Is the Fed going to change? New chairman candidate Hassett may bring the most dovish policies in decades.

[coin world] Recently, there is a quite explosive news in the prediction market - the possibility of Kevin Hassett taking over Powell to lead the Fed has been pushed to 80%. This veteran of the supply-side economics has been shouting that the inflation war is over, and it is time to lower interest rates.

If he really takes office, along with people like Kevin Walsh, the Fed may usher in the most aggressive dovish lineup in decades. What does this mean? The monetary faucet is set to open wide. The market has already begun to bet that interest rates will be pulled to the range of 2%-2.5%, and liquidity expectations are directly maxed out. For risk assets, this could be a turning point.