[Founder of Greenlight Capital: The Fed Will Cut Rates Far More Than Market Expectations This Year] According to a report by Jinse Finance, billionaire investor and Greenlight Capital founder David Einhorn predicts that the Federal Reserve will cut interest rates far more than market expectations this year, which also strengthens his confidence in his gold holdings. Although the January non-farm payroll data significantly exceeded expectations and rate cut expectations slightly cooled on Wednesday, the CME FedWatch Tool shows that traders still bet on an over 88% probability of the Federal Reserve cutting rates twice by the end of the year, with each cut being 25 basis points. Einhorn believes that using employment data as a reason not to cut rates is "wrong." He predicts there will be more rate cuts because Kevin Warsh, Trump's nominee for Federal Reserve Chair, will be able to persuade the committee to lower rates.