特朗普宣布解除库克职务，美联储独立性遭遇“前所未有”冲击

Core Viewpoint - The independence of the Federal Reserve is facing unprecedented challenges due to President Trump's attempt to dismiss Federal Reserve Governor Lisa Cook, raising concerns about political interference in monetary policy [1][2][4]. Group 1: Dismissal of Lisa Cook - President Trump announced the immediate dismissal of Federal Reserve Governor Lisa Cook, citing alleged mortgage fraud as the reason for her removal [1][2]. - Cook responded by stating that Trump lacks the legal authority to dismiss her and intends to continue her duties [2][3]. - This event marks a potential first in the 111-year history of the Federal Reserve, where a sitting president attempts to remove a Federal Reserve governor [1][3]. Group 2: Implications for Federal Reserve Independence - Analysts suggest that Trump's actions represent a systematic intervention in the Federal Reserve, potentially undermining its independence and decision-making processes [2][8]. - If Cook is successfully dismissed, Trump would gain a majority on the Federal Reserve Board, which could lead to a shift in monetary policy towards more accommodative stances [8][9]. - Concerns are raised that the Federal Reserve's ability to combat inflation may be weakened due to increased political influence over its decisions [8]. Group 3: Market Reactions and Future Outlook - Following Trump's announcement, there was a limited decline in the U.S. dollar index, U.S. Treasury yields, and S&P 500 futures, indicating market sensitivity to the news [4]. - Analysts predict that if the Federal Reserve's agenda becomes more influenced by Trump's policies, it could accelerate the pace of interest rate cuts, benefiting risk assets and commodity prices [4][5]. - The potential shift in the Federal Reserve's policy objectives may include considerations of political cycles, particularly in light of upcoming midterm elections, which could further complicate monetary policy [9].