The Kobeissi Letter: Warsh may be constrained by Trump, market overestimates September rate hike probability

BlockBeats news, September 11 - The Kobeissi Letter, a well-known American political and economic media outlet, expressed its view on the X platform, stating, "Trump has effectively made rate cuts a precondition for Warsh to serve as Fed Chair. So will Warsh really raise rates in his first rate adjustment after being appointed by Trump as Fed Chair? We believe the market has overestimated the likelihood of a September rate hike."

The Kobeissi Letter, as a domestic American political and economic media outlet, has 2.6 million followers on the X platform. The media outlet has repeatedly published analysis and prediction articles targeting Trump's words and actions, and Trump has even reposted the media outlet's reports on the Truth platform.