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$BTC | $PAXG | $RIVER Federal Reserve Chair Jerome Powell revealed that the Trump administration threatened him with criminal charges over his congressional testimony about the Fed's building renovation project. Powell called this move a "pretext" to pressure the central bank into lowering interest rates. Powell's statement has increased tension between him and the Trump administration, emphasizing the importance of the Fed's independence in making monetary policy decisions based on economic evidence rather than political pressure.
Market Reaction and Policy Implications The market's reaction to Powell's statement was measured, with investors waiting for further clarification on the implications of the threat to the Fed's independence and future interest rate decisions. Gold prices reached a high as a safe-haven asset, while the US dollar weakened. S&P 500 futures fell 0.5% after Powell's statement. The debate on monetary policy direction is becoming increasingly complex amid global economic and geopolitical uncertainty. #USNonFarmPayrollReport | #USTradeDeficitShrink | #Fed | #USGovernment | #5月市场关键事件
Strong Bullish momentum on $VVV lately. We can see its now already break the golden ratio on daily. Watch out area 0,786 retracement in 3.92 as a potential resist area which may attract sellers to step in.
$POWER Makes new lower low at the chart. If the price closed below of previous low, can we see the price action got more dips? Or is this just a fake out make by market marker to start the rally?