全球央行力挺鲍威尔，中方狂抛美债避险，特朗普的态度终于变了

Group 1 - The core conflict between President Trump and Federal Reserve Chairman Powell revolves around Trump's pressure for aggressive interest rate cuts to boost the economy ahead of midterm elections, which Powell has resisted due to inflation concerns and long-term economic stability [3][5] - Trump has employed various tactics to undermine Powell, including public humiliation, appointing allies to the Federal Reserve Board, and attempting to dismiss Powell, but has faced legal limitations in these efforts [5][9] - Powell's strong stance against Trump's pressure is supported by a broad consensus among global central banks, which have issued statements defending the independence of the Federal Reserve and criticizing Trump's interference [7][9] Group 2 - China's recent actions include significantly reducing its holdings of U.S. Treasury bonds, which have fallen to $688.7 billion, the lowest level in 17 years, reflecting concerns over foreign reserve security and strategic autonomy [7][9] - The reduction in U.S. debt holdings by China aligns with Powell's emphasis on central bank independence, creating an indirect resonance between the two parties against Trump's political interference [9] - Following the ongoing conflict, Trump has softened his stance towards Powell, acknowledging that he currently has no plans to remove him, indicating a recognition of the challenges in exerting control over the Federal Reserve [10]