CoinVoice has learned that, according to Jinshi, Dutch Central Bank economist Rogier Quadeflihe stated in a report that an investigation into Federal Reserve Chairman Powell could impact the Fed's short-term interest rate cut prospects. He pointed out that challenges to the independence of the Federal Reserve might prompt board members to adopt a tougher stance, delaying the decision to cut interest rates. The investigation involves cost overruns in the Federal Reserve headquarters renovation project, and Quadeflihe believes this is a means to pressure the Fed Chairman, potentially leading to a delay in rate cuts.
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CoinVoice has learned that, according to Jinshi, Dutch Central Bank economist Rogier Quadeflihe stated in a report that an investigation into Federal Reserve Chairman Powell could impact the Fed's short-term interest rate cut prospects. He pointed out that challenges to the independence of the Federal Reserve might prompt board members to adopt a tougher stance, delaying the decision to cut interest rates. The investigation involves cost overruns in the Federal Reserve headquarters renovation project, and Quadeflihe believes this is a means to pressure the Fed Chairman, potentially leading to a delay in rate cuts.