logo

Timeline: Powell Signals Rate Cut, Trump Seeks Fed Control

By: theblockbeats.news|2025/09/04 10:22:23

BlockBeats News, September 4th: After Powell signaled a rate cut on August 22nd, Trump sought to control the Fed with the following timeline:


Powell's Attitude Shift:

On August 22nd, Powell, at the Jackson Hole Symposium, cited a "shift in risk balance" as a reason for the "rate cut signal," raising the probability of a rate cut from 75% to about 90% in September.


Fed Governor Cunliffe Dismissed:

On August 22nd, the same day as Powell's speech, Trump once again threatened to fire Fed Governor Cunliffe.

On August 26th, Trump dismissed Fed Governor Cunliffe, effective immediately. Cunliffe responded hours later, stating there was no reason for dismissal and that he would not resign.

On August 27th, a Fed spokesperson stated that Cunliffe remains a Fed governor and can participate in rate decisions until a ruling is made.

On August 28th, Cunliffe sued Trump for removing him from his Fed governor position.

On August 30th, a judge did not make a ruling on the case and requested both parties to submit further court documents.


Trump Seeks to Control the Fed:

On August 27th, Trump stated that he would soon have a majority at the Fed and might move Cunliffe to another Fed position with a longer term. Cunliffe was previously only an "interim" governor.

On August 27th, according to foreign media reports, the Trump administration has intensified its review of the selection process for regional Fed presidents, extending its influence over the regional Feds that impact the Fed.


Pending Events This Week:

The U.S. Senate Banking Committee will hold a confirmation hearing on Thursday morning for Trump's nominated Fed governor candidate, Cunliffe.

The Director of the U.S. Federal Housing Finance Agency, Calvert, will provide the latest information on Fed Governor Cunliffe's mortgage fraud case at 10 p.m. Beijing time on Thursday. (FX168)

WEEX ruba la scena a BlockchainRIO 2025
Global Stage WEEX: Da Singapore a Dubai

Potrebbe interessarti anche

Condividi
copy

Chi ha guadagnato

Ultime notizie crypto

05:51

Sospetto Ethena Labs ritira altri 25 milioni di ENA

05:49

Il trader di balene di ieri che ha perfettamente shortato prima che il calo importante andasse long su ETH con una leva 2x, mantenendo una posizione del valore di 56 milioni di dollari

05:19

Tom Lee: S&P 500 in rialzo a 7300, l'impennata della liquidità del mercato potrebbe essere esplosiva

04:55

Franklin Templeton XRP Spot ETF AUM supera i 100 milioni di dollari

04:53

「ZEC&MON Top Short in History」 Sezione Take-Profit: La posizione short di ZEC ha realizzato un utile di oltre $5 milioni, mentre contemporaneamente shorting MON ha un guadagno non realizzato di quasi $2 milioni.

Leggi di più
Community
icon
icon
icon
icon
icon
icon
icon
icon

Assistenza clienti@weikecs

Cooperazione aziendale@weikecs

Trading quantitativo e MM[email protected]

Servizi VIP[email protected]