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The market still expects the Federal Reserve to cut interest rates twice in 2026, and Wash's nomination has limited impact.
GateNews
ChainCatcher News reports that according to Jinshi, Shenwan Hongyuan research reports that on January 30th, Beijing time, Trump nominated Waller as the next Federal Reserve Chair, causing significant fluctuations in the financial markets. However, the Waller nomination and the January Federal Open Market Committee (FOMC) meeting had little impact on the interest rate cut expectations, and the market still anticipates the Federal Reserve will cut rates twice in 2026.
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