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Gate Square New & Returning Creator Rewards are ongoing!
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#密码资产动态追踪 The Fed and Trump's power game escalation, the crypto circle should be alert
On Sunday, Powell suddenly spoke out, admitting that the Department of Justice has issued him a criminal investigation subpoena regarding the $2.5 billion headquarters renovation project. But don’t be fooled by the project costs—the truth is, Trump is extremely disappointed with the Fed’s rate cuts.
Let's do the math: the Fed has already cut rates by a total of 75 basis points, bringing the rate down to 3.5%-3.75%. Isn’t that enough? Trump clearly wants more aggressive easing policies. As a result, Powell didn’t give in, and now he’s the "fool."