Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
There is a recent policy development worth paying attention to. According to reports, the current President of the United States clarified a hotly debated topic in the market during a media interview — he stated that there are no plans to replace the current Federal Reserve Chair.
There is an interesting behind-the-scenes story to this statement. The Department of Justice is investigating the renovation project at the Federal Reserve headquarters, which initially sparked a lot of speculation. The market has begun to worry that the Fed's independent operation might be subject to political interference. Especially during this economically sensitive period, any uncertainty regarding monetary policy stability can easily cause volatility.
He explicitly denied any plans to resign, which is essentially a reassurance to the market and political circles. The independence of the Federal Reserve is crucial for financial market stability, and this clarification has somewhat alleviated some investors' concerns. However, the Department of Justice's investigation is still ongoing, and how it develops next remains to be seen.