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.
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MoodFollowsPrice
· 21h ago
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.
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OnlyOnMainnet
· 21h ago
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.
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BlockchainDecoder
· 21h ago
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.
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ChainSauceMaster
· 21h ago
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?
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GasFeeCrier
· 21h ago
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.
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GhostInTheChain
· 21h ago
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.