【Federal Reserve in Trouble Again, Even the Governors are 'Quitting'? What Signal is Behind This? 📉】
Today I saw a comment from Derek Halpenny at Mitsubishi UFJ Financial, saying that Federal Reserve Governor Quarles suddenly resigned, and I almost spat my coffee on the screen ☕💥! The key point is that this person was doing well, and just at the time when Trump is calling for rate cuts every day, his departure feels a bit too 'timely', doesn't it?
The hottest question in the market right now is: Who will Trump push to take over? It's likely to be a 'compliant' person 📢. Just look at his recent fervor on social media, pressuring Powell in various ways, he's just shy of directly replacing him. If he really gets his own person into the Federal Reserve, will future rate hikes and cuts have to depend on the President's mood? 😅
Of course, Trump's eagerness for rate cuts isn't without reason — after all, the election is approaching, and the economic data needs to look good for a chance of winning 📊. But the problem is, inflation is still not under control; if we recklessly stimulate the economy, it could backfire and cause a disaster 🔥.
This combination of 'sudden resignation of Federal Reserve Governor + clouds of political intervention' will require the market to keep a close eye on how it unfolds 👀. #美联储何时降息? #特朗普接受比特币和加密货币作为总统竞选捐赠渠道 #加息相關 #降息预期