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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Foreign media: If the Federal Reserve does not cut interest rates in July, Trump will arrange a shadow for Powell.
Jin10 data reported on June 26, according to foreign media analysis, if Trump announces Powell's successor before the Federal Reserve's interest rate decision in September, the situation for the US dollar may go from "bad" to "worse." Because if so, it means that the remaining six meetings during Powell's term will take place under the "successor's shadow" (his term will end in May next year), which may undermine Powell's authority and consequently hit the US dollar. If the Federal Reserve led by Powell remains on hold for the fifth consecutive time next month, the chances of this situation occurring will increase, as it would infuriate Trump. The current market expects a 25% probability of the Federal Reserve lowering interest rates on July 30.