【Is Powell's departure a panacea? Institutions collectively criticize Trump, 'If Powell is moved, the dollar is done for!'】

1. Italian regional bank Cassa Lombarda: If Trump really fires Powell, it will shake the reliability of the dollar as a global reserve currency.

2. Saxo Bank: If the new Federal Reserve chairman colludes with Trump to ignore inflation pressures and insists on lowering short-term interest rates, it will be harmful to the dollar in the long run.

3. Deutsche Bank: If Powell is replaced, the trade-weighted dollar will plummet 3%-4% within 24 hours, and the fixed income market will experience a sell-off of 30-40 basis points.

4. Monex Group: If Trump or his administration attempts to harm the independence and authority of the Federal Reserve in any way, it will be extremely negative for the dollar.

5. 'Bond King' Gross: The key is not the timing of Powell's replacement, but the choice of successor. If the new chairman can gradually influence FOMC decisions, the dollar will weaken.

6. Dutch Bank: If Trump again suggests firing Powell, the dollar will face a larger scale of sell-off.

7. Mitsubishi UFJ: If Trump fires Powell, it will severely undermine investors' confidence in the dollar. Even if his decision to fire Powell is later overturned by the courts, the damage to confidence in the dollar will be lasting.

Other Opinions

1. JPMorgan: The sustained independence of the Federal Reserve is absolutely crucial; intervening in Federal Reserve decisions often leads to adverse consequences.

2. Wolfe Research: Firing Powell will have a significant negative impact on the market, potentially leading to a stock market sell-off and a spike in long-term yields.

3. Wells Fargo: The market's drastic reaction yesterday may make the Trump administration realize that replacing Powell is not a 'cure-all' for economic issues.

4. Wealth management firm Murphy & Sylvest: Trump's actions serve no purpose other than to disrupt the market; replacing Powell may not solve the problem.

5. Interactive Brokers: The market is concerned that the independence of the Federal Reserve may be compromised; some traders may be willing to see rate cuts, but are not willing to see the Federal Reserve lose its independence; yesterday's dollar plunge was to be expected.

6. Investment bank Evercore: Firing Powell is 'one of the worst ideas.' Economies of countries where central banks are politically manipulated often perform poorly, as seen in Argentina and Turkey, where inflation has reached double digits in recent years.