According to ChainCatcher news, the probability of predicting "Powell being removed from the position of Federal Reserve Chairman in 2025" on Polymarket has dropped to 13%, according to official data.Previously reported, U.S. President Trump stated during the swearing-in ceremony of SEC Chairman Atkins on Tuesday local time that he has no intention of firing Federal Reserve Chairman Powell, although he expressed disappointment that the Fed has not lowered interest rates more quickly and called for the Fed to cut rates.

ChainCatcher News: President Trump’s public criticism of Federal Reserve Chairman Powell has intensified concerns about his attempts to fire the central bank leader. However, even if he takes this historically significant and legally controversial step, Trump may still be unable to steer monetary policy in the direction he desires.Several economists have stated that even firing Powell may not guarantee Trump the interest rate cuts he wants. Paul Ashworth, Chief North American Economist at Capital Economics, noted in a recent report: "Firing Powell is likely just the first step in undermining the independence of the Federal Reserve. If Trump is determined to lower interest rates, he would also have to fire the other six members of the Federal Reserve Board, which would trigger more severe market turmoil, leading to a decline in the dollar and a rise in the long end of the U.S. Treasury yield curve."Powell is both the Chairman of the Federal Reserve Board and the Chairman of the Federal Open Market Committee (FOMC), which is responsible for setting interest rate policy. Ashworth pointed out that while FOMC members typically choose the Board Chairman appointed by the president to lead them, they can also defy Trump’s wishes and select someone else to head the rate-setting committee.In a social media post on Monday, Trump referred to the Federal Reserve Chairman as a "big loser," a post that shook financial markets. White House economic advisor Kevin Hassett stated last week that the president and his team are exploring the possibility of removing the Federal Reserve Chairman. However, on Tuesday, Trump backtracked, saying he would "definitely" not fire Powell.

ChainCatcher news, Trump signed an executive order in early March this year proposing the establishment of a national-level Bitcoin reserve and strategic reserves for other tokens, and requested the Secretary of the Treasury to submit an assessment report on the legal and investment feasibility of the plan within 60 days. With less than two weeks remaining until the 60-day deadline set by Trump's executive order, this means that more details about the U.S. Bitcoin reserve are about to be disclosed. The market's anticipation of this matter may be one of the important catalysts for the recent rebound in crypto assets. Additionally, any remarks questioning the independence of the Federal Reserve have also had a positive spillover effect on Bitcoin.

ChainCatcher news, according to Jinshi reports, European Central Bank President Lagarde clearly stated her hope that U.S. President Trump does not fire Federal Reserve Chairman Powell. When asked whether this situation constitutes a significant market risk, Lagarde said, "I sincerely hope it won't happen... This should not become a real threat."In response to reporters' follow-up questions, Lagarde declined to comment on the market impact of a "hypothetical scenario," emphasizing her firm belief that this matter "is not under consideration."Recently, Trump has been continuously pressuring Powell to cut interest rates, warning that otherwise it will lead to an economic slowdown. Powell countered last week, stating that the trade war could simultaneously suppress growth and raise inflation, and reiterated that the Federal Reserve will maintain policy patience.

ChainCatcher news, according to Walter Bloomberg, Jeff Kendrick from Standard Chartered stated in a report that if concerns about the independence of the Federal Reserve persist, Bitcoin could reach an all-time high.He mentioned that due to its decentralized ledger, this cryptocurrency can hedge against the risks of the existing financial system. This risk is currently manifesting through the risks faced by U.S. Treasury bonds after President Trump hinted at possibly dismissing Federal Reserve Chairman Jerome Powell due to his willingness to cut interest rates.Kendrick noted that the yield premium for investors demanding to buy long-term Treasury bonds relative to short-term bonds has significantly increased, which is favorable for Bitcoin. Standard Chartered expects that by the end of 2025, the price of Bitcoin will rise to $200,000.

ChainCatcher news, according to Jinshi reports, Citigroup's chief economist stated that Trump will not fire Federal Reserve Chairman Powell, "this boundary will not be crossed."

ChainCatcher news, according to Jinshi reports, Goldman Sachs CEO Solomon stated that the market expects the Federal Reserve to gradually cut interest rates this year. Capital market activities have slowed down, but have not completely stalled. With the implementation of Trump's trade policies, economic growth has slowed.

ChainCatcher news, Citibank predicted on Monday that by June, the U.S. economy will show significant signs of weakness, prompting the Federal Reserve to make its first rate cut of the year, potentially reducing rates up to five times. Economists at Citibank stated that Federal Reserve officials will focus more on the health of the economy and labor market rather than inflation.Citibank wrote: We expect a series of data to make Federal Reserve officials more dovish before June. This leads us to believe that the risks lean towards faster and/or larger rate cuts. Currently, Citibank indicates that by the end of 2025, the key federal funds rate is expected to decrease from the current range of 4.25% to 4.5% to a range of 3% to 3.25%.

ChainCatcher news, according to Nick Timiraos, a reporter for the Wall Street Journal known as the "Fed's mouthpiece," posted on X that U.S. President Trump signaled that if his trade war leads to economic weakness and the Federal Reserve does not cut interest rates quickly, he will blame the Federal Reserve.

ChainCatcher news, according to AXIOS, Frank Lucas, a Republican from a special task force in Congress focused on the Federal Reserve, stated that both parties intend to set stronger safeguards for the independence of the Federal Reserve. Lucas made this statement as Trump intensified his criticism of Federal Reserve Chairman Powell, raising concerns that the White House might attempt to remove Powell.Lucas mentioned that the special task force has discussed the importance of the Federal Reserve's independence and how to "build the protective barriers higher, stronger, and more robust." Lucas noted that it is not easy for Trump to fire the Federal Reserve Chairman, and he also pointed out that Powell has publicly committed to completing his term, which ends next year.

ChainCatcher news, according to Jinshi Data reports, AXIOS stated that Frank Lucas, a Republican from a special task force in the U.S. Congress focused on the Federal Reserve, indicated that both parties intend to set stronger safeguards for the independence of the Federal Reserve. Lucas made this statement as Trump intensified his criticism of Federal Reserve Chairman Powell, raising concerns that the White House might attempt to remove Powell. Lucas mentioned that the special task force has discussed the importance of the Federal Reserve's independence and how to "build the protective barriers higher, stronger, and more robust." Lucas stated that it is not easy for Trump to fire the Federal Reserve Chairman, and he also pointed out that Powell has publicly committed to completing his term, which ends next year.

ChainCatcher News: The U.S. stock market fell again on Monday, with the Dow Jones down 2.48%, the S&P 500 down 2.36%, and the Nasdaq down 2.55%. The main reason for the sharp decline in U.S. stocks is President Trump intensifying his attacks on Federal Reserve Chairman Jerome Powell, raising questions about the independence of the Federal Reserve. Meanwhile, traders saw little sign of progress in global trade negotiations.As threats escalate, the dollar is also under pressure, hitting a three-year low. At the same time, gold prices soared to a record high of over $3,400 per ounce. Michael Green, Chief Strategist at Simplify Asset Management, pointed out, "What is becoming increasingly clear is the deep-seated conflict between the Federal Reserve and the U.S. government. We are essentially replaying the scenario from the COVID-19 pandemic, and this uncertainty has substantially disrupted trade... Most people expect some form of stimulus measures to be introduced to offset the impact of tariffs."

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that the independence of the Federal Reserve is crucial. The Chairman of the Federal Reserve is the most important figure in the committee, and his opinions carry significant influence. Still believes that interest rates will be lower in the next 12-18 months.

ChainCatcher news, according to Jinshi reports, Citigroup expects the Federal Reserve to implement the next rate cut in June, previously predicted for May; meanwhile, it maintains its expectation of a 125 basis point rate cut in 2025.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that the impact of tariffs on the macroeconomy may be limited. The Federal Reserve needs to focus on the development of the situation throughout the year, with tariff policy being just one factor. Short-term inflation expectations are rising, but long-term expectations have not increased, which is very important.

ChainCatcher news, according to Jinshi reports, Francesco Bianchi, an economics professor at Johns Hopkins University, stated that Trump is unlikely to act on his threat to fire Federal Reserve Chairman Powell, but the pressure from his public actions to push for interest rate cuts will still influence the Fed's decisions. After Trump issued his threat last week, the Fed now knows that if a recession occurs, it will be blamed by the public.After Powell made it clear that he is in no rush to cut rates, and Trump responded by saying he might fire Powell, the stock market fell sharply, as the independence of the Fed faces the risk of being undermined. Francesco Bianchi believes that Trump will not act on the threat. The main reason is that Powell's term will likely end in about a year. The chaos caused by such an action would far outweigh the benefits. Replacing Powell would lead to financial markets expecting future interest rates to rise further.