The US dollar weakens, the risk of government shutdown increases, Trump threatens to fire Powell.

[Coin World] Reports indicate that the US dollar has fallen against a currency basket as US lawmakers are working to avoid a government shutdown. The White House is set to hold a meeting later on September 30, with the Senate expected to re-vote on whether Congress will continue to fund the government after October 1. One analyst noted that investors are cautious about the impending US government shutdown, which will overshadow important economic data releases and "diminish the Fed's policy signals". At the same time, Trump shared a cartoon image on social media threatening to "fire" Powell, raising concerns about the Fed's independence.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
CryptoMomvip
· 23h ago
Waiting for the salary to be issued, let's continue!
View OriginalReply0
PanicSeller69vip
· 23h ago
How much longer can the Fed hold out...
View OriginalReply0
ImpermanentPhilosophervip
· 23h ago
The Fed is really unpredictable now!
View OriginalReply0
ser_ngmivip
· 09-29 07:24
Now the policy market is here, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)