On April 10th, around 5 AM, the news reported that the Federal Reserve is more inclined not to intervene in the market, the threshold for interest rate cuts remains very high, and the shadow of the trade war has not dissipated (Jin Ten Data)
How can the market allow this old American man to call the shots? It seems that he alone has the final say in the entire circle. Fortunately, the Federal Reserve has relative independence from certain perspectives, otherwise this old man might do even crazier things, without any logic or government credibility, changing orders from morning to evening, more casually than a child playing house. Only a purely self-serving businessman could engage in such dirty dealings, and this businessman holds a high position. He does not resemble a national president; he more resembles a spokesperson for his family's interests.