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Top asset management team helps you profit without hassle
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The market rumors regarding #特朗普加密货币政策新方向 need to be clarified.
The news this morning about Powell is actually not true—he neither resigned nor made any comments on the economy or monetary policy. This is quite normal, as the Federal Reserve is now in its official quiet period, which will last until the next FOMC meeting. During this time, not only Powell himself but the entire team of Federal Reserve officials will not publicly discuss monetary policy.
There is a dynamic worth paying attention to from the White House: Trump has scheduled a cabinet meeting for 00:30 Beijing time tomorrow morning, and an announcement will be made at 3 a.m. The media used the term "major announcement," which, given the current international situation, is likely related to the Venezuela issue. The timing of this announcement may have some impact on market sentiment.