The news circulating this morning can be clarified – Powell has neither resigned nor expressed any new views on the economy and monetary policy.
This is actually quite normal. From now until the next Federal Reserve meeting, it is the official "quiet period." Not only Powell himself, but all Federal Reserve officials cannot publicly discuss topics related to monetary policy, as is customary.
On the other hand, the White House has just confirmed: Trump will chair a cabinet meeting at 00:30 Beijing time tomorrow and plans to make an announcement at 3:00 AM. The press release used the wording "significant statement," which, combined with recent developments, is likely related to the situation in Venezuela. It is worth paying attention to subsequent developments.
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.
25 Likes
Reward
25
8
Repost
Share
Comment
0/400
PhantomMiner
· 12-05 02:30
Here comes the "quiet period" excuse again. Every time they use this to brush things off—so we're just in an information vacuum, huh?
---
A major announcement at 3 a.m.? More tricks? I'll bet five bucks it has nothing to do with Venezuela.
---
So in the end, we still have to see what kind of stunt Trump is going to pull. The Fed's side doesn't have anything going on for now.
---
Damn, it's the quiet period again. So basically nothing can be said—then what are we supposed to watch?
---
"Major announcement, major announcement"—how did things turn out the last time they used this phrase? It's basically inflationary at this point.
---
Let's just wait and see what happens in the early morning. The rate cut process will probably be pushed back.
View OriginalReply0
BlockchainBard
· 12-04 00:09
Spreading rumors about Powell resigning again? It's always the same, so funny.
---
What you said about the blackout period is true, but the market will still make wild guesses.
---
An announcement at 3 a.m.? Staying up late to see what tricks Venezuela is up to again.
---
Damn, have to keep an eye on the White House again, it's exhausting.
---
That's why rumors spread so fast in crypto, a fake story can hit the trending list in half an hour.
---
The rate cut process is stable now, just waiting to see what kind of mess Trump will stir up.
---
Major announcement... That phrase just sounds like something big is about to happen.
---
Why gossip during the blackout period? Just wait for the meeting.
---
Is Venezuela about to stir up trouble again? Every time it affects crypto prices.
View OriginalReply0
MoodFollowsPrice
· 12-02 09:21
What a false alarm again, Powell is doing just fine.
Trump's actions at 3 a.m. seem to indicate that there will be a good show.
Let the silence period be silent, the market will speak for itself anyway.
View OriginalReply0
OnlyOnMainnet
· 12-02 09:19
Powell's resignation is really ridiculous, the group has been spreading rumors all morning... Many people probably don't understand the rules of the quiet period.
At three in the morning, Trump made a major statement, I bet five dollars it's some nonsense from Venezuela.
Compared to Powell, I'm more concerned about what Trump is going to pull tomorrow.
The quiet period is indeed a norm, but retail investors are still easily led by the rhythm.
It feels intentional for Trump to choose this timing, he may be up to something again.
View OriginalReply0
BlockchainDecoder
· 12-02 09:14
The rules of the quiet period are actually quite interesting from a technical governance perspective, as limiting the information disclosure window essentially manages the fluctuation of market expectations. Speaking of which, Trump's announcement at three in the morning is really a sleep schedule killer for the entire market.
View OriginalReply0
ChainSauceMaster
· 12-02 09:10
The silent period, huh, that makes sense now. But that announcement at three in the morning was probably the real trigger, right? Is Venezuela going to stir up some trouble again?
View OriginalReply0
GasFeeCrier
· 12-02 09:06
It's another quiet period, every time it's a heart-pounding game, making everyone a detective.
Trump released an announcement at 3 AM? He's at it again, this rhythm is truly amazing.
Is Venezuela about to cause some trouble again? Let's monitor the situation.
As long as Powell hasn't resigned, we continue to wait for the interest rate cuts to land.
Watching the live stream at dawn, it feels like there will be some news.
View OriginalReply0
GhostInTheChain
· 12-02 09:01
Here comes the rumors again. Powell has already clarified, yet they are still spreading resignation news, hilarious.
I understand this trap during the quiet period, just keeping quiet and waiting.
Trump spoke out at 3 AM... Venezuela is about to stir up trouble again, this rhythm can't hold.
The news circulating this morning can be clarified – Powell has neither resigned nor expressed any new views on the economy and monetary policy.
This is actually quite normal. From now until the next Federal Reserve meeting, it is the official "quiet period." Not only Powell himself, but all Federal Reserve officials cannot publicly discuss topics related to monetary policy, as is customary.
On the other hand, the White House has just confirmed: Trump will chair a cabinet meeting at 00:30 Beijing time tomorrow and plans to make an announcement at 3:00 AM. The press release used the wording "significant statement," which, combined with recent developments, is likely related to the situation in Venezuela. It is worth paying attention to subsequent developments.