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President Trump Announces Powell's Continued Term—Is the Federal Reserve's Policy Stable for the Time Being?
According to NBC News, President Trump of the United States revealed that Federal Reserve Chair Powell will not be removed from his position before the end of his term in 2026.
This announcement could bring a certain level of stability to the markets. With President Trump confirming Powell's continued leadership during his term, it is expected that the Federal Reserve's leadership will remain consistent for at least the next few years.
At the same time, the President reiterated that the Federal Reserve should proceed with lowering interest rates. This statement reflects his view on balancing inflation control and economic growth.
The President's stance on Powell's continued tenure and the direction of interest rate policy will likely be key factors influencing future financial market trends. In the cryptocurrency market as well, market participants are increasingly paying attention to the direction of monetary policy.