- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Source: Insider Insider: Fed Chair Contender BlackRock Exec's Rate-Cut Zeal Scorecard Keeps Rising
BlockBeats News, September 15th, according to a US government official, Rick Rieder, a senior executive at BlackRock, has seen his ranking rise on the shortlist for the next Federal Reserve chair.
The official, who requested anonymity to discuss a private meeting, said US Treasury Secretary Janet Yellen held an extensive two-hour discussion with Rieder in New York last Friday, covering topics such as monetary policy, Fed organizational structure, and regulatory policy. The official emphasized that the selection process is still ongoing, with Yellen having interviewed 4 of the 11 public candidates so far, and is expected to consider adding 1 to 2 new candidates to the list.
Sources familiar with the Treasury Secretary's thinking revealed that Yellen was impressed by Rieder's extensive experience in managing large financial market teams and his profound understanding of micro and macroeconomics. The source stated that if Rieder were to lead the Fed, he would bring a steady approach and a deep understanding of non-bank financial institutions to the Federal Reserve. Earlier last week, Rieder stated in an interview with CNBC that, based on his interpretation of economic indicators, he believed the Fed should cut interest rates by 50 basis points—twice the amount the market widely expects the FOMC meeting to announce this week. (Jinse)
You may also like
Key Market Information Discrepancy on February 27th - A Must-See! | Alpha Morning Report
The Circle Beautiful Money Report: Is the True Winner of Stablecoins Not the Issuer?
Opinion: Bitcoin's 10-point Plunge Wasn't All Jane Street's Fault
Milestone AI-driven Layoff, a 50% Reduction in Force, Resulting in Unquestionable Capital Market Approval
WEEX P2P upgrade: Ad posting now available for regular users
To further improve liquidity and user participation in the P2P market and create a more open and efficient trading environment, WEEX now allows regular users to post ads on P2P. This update allows non-merchant users to post ads, opening up greater participation in the P2P marketplace.
Dovey Wan: The Great Liquidity Schism, Bitcoin May Never Keep Up with ARKK
Market Key Insights for February 26th, How Much Did You Miss?
L1 Value Capture Shrinks Significantly, ETH, SOL, HYPE Struggle to Return to All-Time High
Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…
Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…
Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…
Missouri Advances Bitcoin Reserve Bill to House Committee in Policy Push
Key Takeaways Missouri pushes HB 2080, aiming to establish a state-run Bitcoin Strategic Reserve Fund. The bill mandates…
Ethereum Faces $1,500 Downside as Vitalik Buterin Sells 9,000 ETH
Key Takeaways Vitalik Buterin’s recent sale of nearly 9,000 ETH has triggered concerns over Ethereum’s price stability, given…
Hong Kong to Connect New Digital Bond Platform With Regional Crypto Tokenization Hubs
Key Takeaways Hong Kong is pioneering the integration of its debt market with blockchain technology through a new…
Elon’s Grok AI Predicts the Price of XRP, Cardano, and Ethereum by 2026
Key Takeaways Grok AI forecasts significant price growth for XRP, Cardano, and Ethereum by 2026. XRP could see…
Anchorage Digital Confirms Its Stake in Strategy’s STRC – A Sign of Long-term Confidence
Key Takeaways Anchorage Digital has officially disclosed holding Strategy’s STRC perpetual preferred stock, reinforcing its strategic alignment within…
Bitcoin Price Prediction: Major Miner Expands in Texas: Is a Massive BTC Production Surge Anticipating?
Key Takeaways: Canaan Inc. has expanded its role from hardware selling to direct Bitcoin production by acquiring a…
Crypto Price Prediction Today 25 February: XRP, Solana, Bitcoin
Key Takeaways Bitcoin’s recent surge to $66,000 reflects a potential bullish trend bolstered by institutional interest and regulatory…
Key Market Information Discrepancy on February 27th - A Must-See! | Alpha Morning Report
The Circle Beautiful Money Report: Is the True Winner of Stablecoins Not the Issuer?
Opinion: Bitcoin's 10-point Plunge Wasn't All Jane Street's Fault
Milestone AI-driven Layoff, a 50% Reduction in Force, Resulting in Unquestionable Capital Market Approval
WEEX P2P upgrade: Ad posting now available for regular users
To further improve liquidity and user participation in the P2P market and create a more open and efficient trading environment, WEEX now allows regular users to post ads on P2P. This update allows non-merchant users to post ads, opening up greater participation in the P2P marketplace.
App