Brad expressed his willingness to take over the Fed, and it is reasonable to cut interest rates by 75 basis points by the end of the year

According to Golden Finance, former St. Louis Fed Chairman Brad said on Monday that he had exchanged with U.S. Treasury Secretary Becent last week on his post as Fed Chairman and said he was very interested in the position if the conditions were right. Brad currently serves as dean of the MitchDaniels School of Business at Purdue University, leading the St. Louis Fed from 2008 to 2023. "If we are ready for success, I am willing to accept this job... Success means we are going to defend the dollar's position as a reserve currency, maintain low and stable inflation, and protect the independence of the Federal Reserve." Brad said he expects the FOMC to cut interest rates by 25 basis points and sends a signal of further easing, believing that it is reasonable for the market to expect a cumulative rate cut of 75 basis points by the end of this year. Brad agrees with the temporary theory of tariff-inflation and tends to support Fed Director Cook, who is caught in a dismissal storm.