Binance Square
Discover
News
Notification
Profile
Bookmarks
Chats
History
Creator Center
Settings
Post
吃瓜
--
Dian Doyel mjD6
·
--
Even the institutions have withdrawn, yet most people are still eagerly anticipating the Federal Reserve's interest rate cuts. The U.S. is not solely Trump's domain; interest rate cuts depend on data. If cuts are enforced despite data indicating otherwise, it could trigger greater inflation, and Powell would become a historical villain!!! His term ends in less than a year—imagine which high-ranking official wouldn't want to achieve something noteworthy during their tenure to be remembered in history. At the very least, one would seek to avoid making mistakes! Therefore, Powell cannot compromise his position to cater to Trump and become a villain in American history!! Or, one could say that after Powell retires, Trump can do as he pleases; at least before retirement, the Federal Reserve still holds some influence!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
53
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
Cookie Preferences