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AuspiciousSnowHeralds

· 21h ago

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AuspiciousSnowHeralds

· 22h ago

Markets with no trading volume will only recover in two situations: either they drop to a good level or release positive news.

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AuspiciousSnowHeralds

· 23h ago

Positive market news makes it even harder to fall, but trading volume also can't go up.

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YearAfterYear

· 23h ago

Just charge forward 👊

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Xiaobaihe

· 04-27 23:23

Good morning🌹

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AuspiciousSnowHeralds

· 04-27 23:03

The appointment of the Federal Reserve Chair is a positive sign for the crypto community!

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AuspiciousSnowHeralds

· 04-27 22:59

The current question is—will Powell, as a matter of convention, give up his seat as a Federal Reserve governor (whose term ends on January 31, 2028) when he steps down as Federal Reserve Chair (on May 15)? If Powell chooses to leave immediately and another “insider” appointed by Trump fills Powell’s vacant governor seat, Trump would have 4 governors of his own choosing (Waller, Bowman, Worsh) out of the 7-member Federal Reserve Board. This would provide support for Trump’s potential aggressive measures (including removing regional Federal Reserve presidents), undermining the Federal Reserve’s traditional structure. And Powell’s final decision will directly affect the timing and intensity with which Worsh or Trump reshapes how the Federal Reserve operates.

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AuspiciousSnowHeralds

· 04-27 22:58

Federal Reserve Turning Point: Reshaping the Interest-Rate Decision Landscape Amid Personnel Turmoil

Jin10 Data on April 28 reports that for the Federal Reserve, this week is destined to be momentous. After the U.S. Department of Justice concluded its investigation into Powell, Republican Senator Tillis withdrew his obstruction of the confirmation process for the Federal Reserve Chair nominee Wash last Sunday. The Senate Banking Committee has scheduled a vote to advance Wash’s nomination for 10:00 p.m. Beijing time on Wednesday, clearing the way for full Senate confirmation votes before the week of May 11. A few hours after the advancing nomination vote, the Federal Reserve will release its April interest-rate decision, and Powell will also hold his 63rd—and very likely final—press conference as Federal Reserve Chair.

If Wash’s nomination as Federal Reserve Chair and Board Member is approved, Milan, who is temporarily filling the board vacancy, will be replaced, making him the shortest-serving official since the 1950s. If Milan is not able to re-enter the Federal Reserve afterward, he—who has long pushed for rate cuts—will attend his sixth and final Federal Reserve meeting this week.

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