âđď¸ Fed Independence Under Siege: Powell Faces DOJ Criminal Probe! đ
âThe market is reeling as the DOJ reportedly opens a criminal investigation into Fed Chair Jerome Powell. Amidst this unprecedented political storm, Goldman Sachs has stepped in to provide a reality check for investors.
âđĄď¸ Goldman Sachs: "Powell Won't Back Down"
âAt the 2026 Global Strategy Conference, Goldmanâs Chief Economist, Jan Hatzius, addressed the elephant in the room. While acknowledging that legal threats are fueling fears of political interference, his message was clear:
âData Over Subpoenas: Hatzius expressed "zero doubt" that Powell will remain steadfast, making interest rate decisions based strictly on economic data rather than political pressure.
âNo Bias: Whether the Fed raises or lowers rates, the move will follow macro indicators, not the weight of a grand jury investigation.
âInstitutional Integrity: Despite the DOJ's focus on the Fed's headquarters renovation (viewed by many as a pretext), the Fedâs monetary compass remains intact.
âđ Market Impact: Gold vs. USD?
âWhile Goldman trusts Powellâs resolve, the market is on edge. Could this political instability trigger a flight from the USD?
âIf confidence in the Fedâs independence wavers, we may see a massive surge in safe-haven assets. Watch these levels closely:
đ° Gold ($XAU) and Silver ($XAG) are already testing new highs as investors hedge against institutional uncertainty.
ââ ď¸ Disclaimer: This news is for reference only and does not constitute investment advice. Always DYOR (Do Your Own Research) before trading.
â
#Write2Earn #FedBeigeBook #JeromePowell #CryptoNews #MacroEconomy $BTC $XAU $XAG