“Do you know how I choose the head of the Federal Reserve? Whoever agrees to lower interest rates gets the position!”
I was left speechless with a “???”
The comments section has collectively ascended to heaven:
“So Powell must have written a guarantee to get into position?”
“The Federal Reserve's exam question was just one: Will they lower interest rates or not?”
Hahaha🤣🤣🤣
I went to look up some information, and the more I read, the scarier it became:
👉 During Trump's term, three Federal Reserve chairpersons were really replaced!
👉 From Yellen → Powell, each time there was a change, it precisely coincided with the interest rate decision point!
This action directly threw the concept of “central bank independence” into the trash can😅
Now he simply doesn't perform anymore,
Publicly writing the 'interest rate cut commitment letter' as a selection criterion.
The economists' faces at this moment are probably more volatile than the S&P 500...
What's even more outrageous is that Trump is now wildly hinting:
If I come back this year, I will definitely change to a more obedient one.
Once this statement was made, the recent speeches of the Federal Reserve officials all turned into a lower dimensional strike level 'Tai Chi':
— 'We will remain patient and observe...'
— 'The economy is complex and changeable...'
— 'Let's take another look at the data...'
To put it bluntly:
Afraid of being labeled 'unwilling to cut interest rates', his position is at risk🐶
Friends in the financial circle sent me a private message:
‘Bro, we have been updating the model overnight these past two days, adding a new indicator: the Presidential Pressure Index.’
Come on, this is not central bank decision-making,
This is clearly the real-life version (Currency War 6: The Chairman's Commitment)！！！#加密市场反弹 #ETH巨鲸增持 #比特币波动性 $BTC $ETH
