Fed Survey: Trump's Pick, Rate Cuts, & AI Stocks

84% of markets expect Trump to pick Hassett for Fed chair, but only 11% think hes the right choice. Respondents favor Waller (47%) and Warsh (23%), but only 5% believe Trump will choose either. Deep divisions on Feds upcoming meeting: 87% expect a rate reduction, but only 45% believe its necessary. Experts caution against further cuts due to strong growth, inflation, and easy financial conditions. AI stocks seen as overvalued by 90% of respondents.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.