There is a recent policy development worth paying attention to. According to reports, the current President of the United States clarified a hotly debated topic in the market during a media interview — he stated that there are no plans to replace the current Federal Reserve Chair.
There is an interesting behind-the-scenes story to this statement. The Department of Justice is investigating the renovation project at the Federal Reserve headquarters, which initially sparked a lot of speculation. The market has begun to worry that the Fed's independent operation might be subject to political interference. Especially during this economically sensitive period, any uncertainty regarding monetary policy stability can easily cause volatility.
He explicitly denied any plans to resign, which is essentially a reassurance to the market and political circles. The independence of the Federal Reserve is crucial for financial market stability, and this clarification has somewhat alleviated some investors' concerns. However, the Department of Justice's investigation is still ongoing, and how it develops next remains to be seen.
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NFTPessimist
· 13h ago
Hi, this is another "calming pill" show. To put it nicely, it's about not moving, but the Department of Justice is still investigating. What's the point of all this?
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gas_fee_therapy
· 13h ago
Listen, listen, I believe in this reassurance, but the investigation from the Ministry of Justice isn't over yet. It feels like there's still more to come.
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unrekt.eth
· 13h ago
Political reassurance, does the market really believe it?
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MidnightTrader
· 13h ago
This rhetoric is purely a smoke screen, if they really wanted to change, they would have done it already. Why clarify now?
The independence of the Federal Reserve is easier to talk about than to actually do. The Department of Justice investigation isn't over yet.
The reassurance is in place, but whether the market believes it is the key. You’ll see the true situation from the subsequent trend.
Changing the chairperson isn't that important; what's crucial is whether policies will change. That's what we need to watch.
They say they won't change, but secretly they've already been planning it, old tricks.
It's just words; looking at data and market trends is more reliable.
The Department of Justice investigation is the real hidden danger. Whatever the findings of the renovation project, they all have to change the game rules.
Right now, this is just to stabilize people's confidence. Let's wait until the storm passes before discussing further.
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BearMarketGardener
· 13h ago
Uh, this is another rumor of political interference in the Federal Reserve. It happens every time, and the market starts to speculate wildly.
Are they really not going to change it? Why do I find it hard to believe?
The Department of Justice investigating renovation projects? Are they playing word games with me here?
A reassurance? I think it's more like a ticking time bomb; we'll have to see what happens next.
There is a recent policy development worth paying attention to. According to reports, the current President of the United States clarified a hotly debated topic in the market during a media interview — he stated that there are no plans to replace the current Federal Reserve Chair.
There is an interesting behind-the-scenes story to this statement. The Department of Justice is investigating the renovation project at the Federal Reserve headquarters, which initially sparked a lot of speculation. The market has begun to worry that the Fed's independent operation might be subject to political interference. Especially during this economically sensitive period, any uncertainty regarding monetary policy stability can easily cause volatility.
He explicitly denied any plans to resign, which is essentially a reassurance to the market and political circles. The independence of the Federal Reserve is crucial for financial market stability, and this clarification has somewhat alleviated some investors' concerns. However, the Department of Justice's investigation is still ongoing, and how it develops next remains to be seen.