CoinVoice has learned that, according to Jinshi, UBS Chief Economist Paul Donovan wrote that initiating a criminal investigation against the sitting Federal Reserve Chair could actually help strengthen the central bank's independence. Market reactions show that investors' concerns about the Fed's ability to manage interest rates without political interference are rising. Although overall asset prices are not highly volatile, long-term US Treasury yields are rising, and the US dollar is weakening. Donovan stated that Powell's tough stance may indicate that he is unwilling to resign from his Federal Reserve board position this year.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)