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VIP Wealth Hub
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Top asset management team helps you profit without hassle
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The market exploded today!
Insiders revealed last night that Federal Reserve Chairman Jerome Powell may hold an emergency press conference tonight at 7 PM (Eastern Time), focusing directly on his resignation. Whether this is true or not is unknown, but the rumors are quite credible.
The more exciting news is yet to come—if Powell really leaves, his successor is likely to be the current Director of the White House National Economic Council, Hassett. If this personnel change happens, the dollar index, interest rate-sensitive sectors of the US stock market, and even global commodities are likely to shake.
The cryptocurrency market definitely cannot escape either. Once the expectations for monetary policy change, the flow of funds will be reshuffled immediately. Now we just have to see if there will be an official announcement tonight.
It is recommended that everyone keep an eye on the Federal Reserve's official website and mainstream financial media, and not be swayed by false information. If there is really any movement, the market will react quickly, so it's always wise to be prepared for a response.