「Ultra-Dove」 Hasset Abandoned by Trump, 2026 Rate Cut Expectations Significantly «Shrunk»
BlockBeats News, January 17th. According to CME FedWatch data, traders reduced their expectations of two U.S. interest rate cuts in 2026 as President Trump hinted at nominating someone other than National Economic Council Director Hassett to replace Fed Chair Powell.
By the end of 2026, the probability of no more rate cuts for the whole year is 11.8%, the probability of a cumulative 25 basis point cut for the year is 30.3%, and the probability of a cumulative 50 basis point cut is 32.1%.
Today, when Trump mentioned White House National Economic Council Director Hassett, he said, "I want him to continue in his current position, and we'll see what happens." This statement suggests that Trump may have someone else in mind for the Fed chairmanship.
You may also like

Rumor has it that Coinbase is set to acquire Farcaster, still an Acquihire.

ThunderChain Resumes Legal Battle as Former CEO Chen Lei Accused of Embezzlement for Cryptocurrency Speculation - What Happened Back Then?

Eric Adams Denies “Rug Pull” Allegations Linked to NYC Token Despite Significant Losses
Key Takeaways: Eric Adams firmly denies allegations implying that money was moved out of the NYC Token. Market…

Bitchat Downloads Surge in Uganda as Government Implements Internet Shutdown Before Elections
Key Takeaways: Uganda’s government enforced an internet blackout ahead of elections, pushing citizens to download Bitchat, a decentralized…

BSC’s USD1 Pool Meme Coin ‘An’ Sees Significant Surge
Key Takeaways The BSC chain’s USD1 pool meme coin ‘An’ experienced a notable market cap surge, exceeding $47.92…

Price Alert Feature Is Now Live
Stay Informed of Key Market Movements with our new Price Alert feature!

Tether Freezes $182 Million in Assets in a Day: Is USDT Still a Neutral Coin?
Key Takeaways Tether recently froze $182 million in USDT across five wallets on the Tron blockchain, raising questions…

BitGo’s Revenue Surges with Upcoming IPO as Institutional Interest Grows
Key Takeaways BitGo, a major player in cryptocurrency custody, aims to raise $201 million through a U.S. IPO…

80% of Oil Revenue Settled in Stablecoins: Venezuela’s USDT Dominance
Key Takeaways Venezuela’s economy heavily relies on USDT, with 80% of oil revenue settled using this stablecoin, showcasing…

Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?

Error Prevented Content Extraction: Causes and Solutions
Key Takeaways Excessive requests can result in blocked access to data sources. Ensuring adherence to API usage policies…

80% of oil income settled in stablecoins, Venezuela makes USDT its second currency

New Drag-to-Set TP/SL Candlestick Chart Feature on Web
Make risk management more intuitive and efficient! The WEEX web platform is introducing the "Drag-to-set TP/SL" feature.

zkSync Price Forecast – ZK Value Anticipated to Decline to $0.026629 by January 15, 2026
Key Takeaways zkSync’s current price is $0.034635, with an anticipated drop to $0.026629 by mid-January 2026. The crypto…

South Korea to Lift Longstanding Ban on Corporate Crypto Investments
Key Takeaways South Korea is lifting a nine-year ban on corporate cryptocurrency investments, allowing firms to invest up…

Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…

Fed’s Powell Associates DOJ Probe with His Resistance to Trump’s Rate Demands
Key Takeaways Jerome Powell, the Chairman of the Federal Reserve, links a criminal investigation into the Federal Reserve’s…

Powell States Federal Reserve Targeted by DOJ, Trump Dismisses Interest Rate Ties
Key Takeaways Federal Reserve Chair Jerome Powell revealed that the Justice Department issued subpoenas to the central bank…
Rumor has it that Coinbase is set to acquire Farcaster, still an Acquihire.
ThunderChain Resumes Legal Battle as Former CEO Chen Lei Accused of Embezzlement for Cryptocurrency Speculation - What Happened Back Then?
Eric Adams Denies “Rug Pull” Allegations Linked to NYC Token Despite Significant Losses
Key Takeaways: Eric Adams firmly denies allegations implying that money was moved out of the NYC Token. Market…
Bitchat Downloads Surge in Uganda as Government Implements Internet Shutdown Before Elections
Key Takeaways: Uganda’s government enforced an internet blackout ahead of elections, pushing citizens to download Bitchat, a decentralized…
BSC’s USD1 Pool Meme Coin ‘An’ Sees Significant Surge
Key Takeaways The BSC chain’s USD1 pool meme coin ‘An’ experienced a notable market cap surge, exceeding $47.92…
Price Alert Feature Is Now Live
Stay Informed of Key Market Movements with our new Price Alert feature!