Fear of what has come! Powell hasn't left! Milan has left!


Just like Brother Feng mentioned before:
◆ Powell's term as Federal Reserve Chair has expired, but he has decided to stay on as a Federal Reserve Board member.
◆ To have Waller serve as Federal Reserve Chair, Milan resigned. Only then would Waller have a seat on the Federal Reserve Board and be able to become Chair. And Milan is dovish.
We've discussed more than once that the Federal Reserve's interest rate decisions are made by voting officials, and with Milan gone, there's one less vote advocating for rate cuts.
And with Powell remaining, due to his influence as Chair, he has become the new influential Vice Chair, continuing to influence Federal Reserve officials.
Powell is balancing Waller to prevent the Federal Reserve from losing independence.
Regarding Waller's implementation of rate cuts, it's uncertain whether resistance will form. Powell is a centrist, neither hawk nor dove.
It's uncertain how the secondary market will react to this? #Gate广场五月交易分享
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SpeculativeAnalyst
· 2h ago
Hop on now!🚗
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SpeculativeAnalyst
· 2h ago
Just charge forward 👊
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SpeculativeAnalyst
· 2h ago
Just charge forward 👊
View OriginalReply0
SpeculativeAnalyst
· 2h ago
Just charge forward 👊
View OriginalReply0
SpeculativeAnalyst
· 2h ago
Just charge forward 👊
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