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15:08
Former US Treasury Secretary Yellen: Powell's Investigation "Extremely Concerning," Market Should Focus on Fed Independence
BlockBeats News, January 12, former US Treasury Secretary Yellen stated that Fed Chair Powell's removal is "deeply concerning," and the market should pay attention to the Fed's independence. (Oriental Fortune Network)
14:49
The USDC Treasury destroyed 100 million USDC on the Ethereum blockchain.
according to Whale monitoring, at 22:36 East 8th District, the USDC Treasury burned 100,052,150 USDC (about 100 million US dollars) on the Ethereum chain.
14:41
Fed Independence Threatened as JPMorgan Trading Unit Cautious on US Stocks
BlockBeats News, January 12th. J.P. Morgan's Securities Trading Division stated that the recent impact of the Trump administration on the Fed's independence poses a threat to the U.S. stock market, at least in the short term. News of a criminal investigation into the Fed rocked the U.S. market on Sunday night, leading to a drop in stock index futures and the U.S. dollar, with funds flowing into safe-haven assets such as gold. J.P. Morgan's Global Market Insights Director Andrew Taylor said, "Despite macro and corporate fundamentals supporting a tactically bullish stance, the risk to the Fed's independence has created a suppressive factor at the market's top end, so we remain cautious in the very short term. The risk to the Fed's independence could drive U.S. markets to underperform in the short term." (FXStreet)
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