Paul Tudor Jones Predicts Trump Will Install ‘Uber Dovish’ Fed Chair—Here’s What It Means for Markets
Brace for impact—or maybe just another round of monetary whiplash.
Paul Tudor Jones, the billionaire hedge fund legend, just dropped a bombshell prediction: Trump’s next Fed pick could be the most accommodative in decades. Think money printers on overdrive.
Why it matters: A ‘dovish’ Fed means lower rates for longer, turbocharged liquidity, and a potential rocket under risk assets. Crypto bulls, start your engines.
The cynical take: Because nothing says ‘stable monetary policy’ like political appointees turning the dollar into confetti. Happy trading!
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In an interview with Bloomberg Television, Jones added that he believes Treasury Secretary Scott Bessent will ultimately be Trump’s top choice. The president has the power to nominate a candidate for Fed Chair, who must then be approved by a majority vote in the Senate.
White House Denies Rumors of Bessent as Next Fed Chair
Jones isn’t alone, as reports circulated yesterday that Trump would select Bessent as his nominee. However, the WHITE House has described these claims as “completely fake news.”
In response to the reports, Bessent said “I have the best job in Washington. The president will decide who’s best for the economy and the American people.”
Earlier today, Trump pressured the Fed to lower rates by “ONE FULL POINT” following a cool consumer price index (CPI) report.
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