The threat of criminal prosecution by the chairman of the Federal Reserve will exacerbate the market's concerns about the independence of the central bank, and it is expected that the Federal Reserve will still make policy decisions based on economic data. Concerns about the possible impact of the independence of the Federal Reserve are increasing, and the latest news on the criminal investigation against Chairman Powell further reinforces this concern. Powell will still make decisions based on economic data for the rest of his term, and will not be biased in any direction due to pressure. Whether it is interest rate hikes or cuts, he will follow the data guidelines.

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