Analysis: The Federal Reserve's interest rate decision may be overshadowed by the shadow chairman of the Federal Reserve

Odaily Planet Daily News: Ethenea analyst Luca Pessarini said in a report that this week's meeting of the Federal Reserve will not be remembered for its interest rate path, but rather for testing the independence of the central bank. Pessarini said, "The real challenge is not conflicting economic data, but political intervention in monetary policy communication." Trump previously announced that he would soon appoint a successor to Federal Reserve Chairman Powell, nearly a year before Powell's term expires. This makes the concept of 'shadow chairman' the focus. Pessarini said that if this news is announced, there may be conflicting monetary policy signals between the official Federal Reserve and the designated successor, especially if the latter publicly pushes for interest rate cuts. (Golden Ten)