[Mizuho Bank: If Waller is elected Fed Chair, the market will feel sustained rate-cut pressure] Odaily Planet Daily News - Mizuho Securities Chief Strategist Shoki Omori stated that if Waller is elected as the new Federal Reserve Chair, the market will experience sustained pressure for rate cuts. However, considering the voting results at the last FOMC meeting, rate cuts may not be easy for him. The market has misjudged the pace of rate cuts, expecting the Federal Reserve to cut rates slower than the market anticipates or desires. Meanwhile, the market perceives Waller as more dovish compared to Hassett, which is why we are seeing an increase in the USD/JPY exchange rate. (Jin10)