When Trump's "Twitter governance" escalates to "firing frenzy", even the Federal Reserve's independent image is hanging by a thread—after all, playing with fire on the inflation powder keg might make Wall Street's blood pressure rise even faster than the CPI!
White House Economic Council Director Brainard urgently sounded the alarm, pointing out that Trump's dismissal of Federal Reserve Governor Lisa Cook is an "epic demolition of central bank independence". It's important to note that the Federal Reserve's toolbox for interest rate policy does not contain a "mood regulator for the boss"; suddenly changing personnel is akin to feeding the market a bowl of "policy chaos soup"—the difficult duo of inflation expectations and long-term interest rates may perform aerial acrobatics on the candlestick chart.
From an economic principle perspective, a central bank personnel earthquake = market expectation fracture. When political black swans fly into the monetary policy conference room, the 10-year U.S. Treasury yield might be more thrilling than a roller coaster. After all, with Lisa Cook, the dove spokesperson, suddenly off the job, the market can only tearfully renew the "higher for longer" interest rate script for three more seasons.
It is suggested that the Trump team send out a sudden death prevention package to traders before they stir up trouble next time—after all, watching the Federal Reserve's "dismissal express" and inflation data flying together might make hedge fund managers consider switching careers to sell fast-acting heart-saving pills!
Dear viewers, want to track the "White House vs. Federal Reserve" financial melodrama in real time? Follow @加密青遥 , and let us eat melons in the candlestick chart and find jokes in the Federal Reserve minutes! #比特币远古巨鲸持续出清