The sudden resignation of Federal Reserve Governor Robert Coogler on Friday gives US President Donald Trump the opportunity to fill the Fed vacancy earlier than expected, and could force him to finalize the next chair months in advance. "Now the ball is at Trump's feet, and Trump has been pressuring the Fed to insert himself," said Derek Tang, economist at LH Meyer, a monetary policy analysis firm.
Federal Reserve Governor Robert Kugler believes that the Federal Reserve should maintain policy rates unchanged for a period of time.
A number of Federal Reserve officials including Powell, Collins, Kugler, Bowman, Williams, Barr and Cook will speak one after another tonight. Previously, the Federal Reserve started the interest rate cut cycle with 50BP, and the market continued to price the remaining interest rate cuts this year. As the first week after the Federal Reserve meeting, the remarks of officials tonight may clear the market a thing or two. Investors are advised to pay attention to the relevant risks when the market ...
Federal Reserve Governor Greg Coogler will speak in ten minutes.