Core Viewpoint - The article discusses the ongoing conflict between President Trump and Federal Reserve Chairman Jerome Powell, highlighting Trump's attempts to pressure Powell into adopting more aggressive monetary policies, which Powell has resisted due to concerns over inflation and long-term economic stability [1][3][6]. Group 1: Trump's Pressure Tactics - Trump has expressed dissatisfaction with Powell since taking office, primarily due to Powell's refusal to implement significant interest rate cuts as requested by Trump [3]. - Various tactics have been employed by Trump, including public humiliation and attempts to undermine Powell's authority within the Federal Reserve by nominating allies and attempting to dismiss other board members [5][6]. - Trump's aggressive strategies included threats of legal action against Powell and calls for investigations into his conduct, yet Powell has maintained his position and independence [6]. Group 2: Global Reactions and Implications - The independence of the Federal Reserve is crucial for global financial stability, and any turmoil within it could impact international markets, prompting support for Powell from other central banks [7]. - China has taken measures to reduce its holdings of U.S. Treasury bonds, now at $688.7 billion, to ensure the safety of its foreign reserves and gain strategic autonomy, aligning with Powell's stance on maintaining the Fed's independence [7]. - As a result of the mounting pressure and international support for Powell, Trump has softened his stance, indicating no current plans to remove Powell from his position [7].

Group 1 - The Federal Reserve is facing unprecedented challenges to its independence as President Trump intensifies pressure on Chairman Powell, including a criminal investigation by the Justice Department [3][6] - Trump's internal team is divided on the approach to pressure Powell, with Treasury Secretary Mnuchin warning that such actions could destabilize financial markets and disrupt the leadership transition at the Fed [5] - Powell's strong response to the investigation emphasizes the importance of the Fed's independent decision-making in monetary policy, which has led to significant resistance against Trump's leadership change plan [6][8] Group 2 - Historically, direct presidential intervention in the Fed's independent operations is rare, and Trump's actions represent a serious conflict between political and economic rules [8] - Recent data shows that China has significantly reduced its holdings of U.S. Treasury bonds to $688.7 billion, making the UK the second-largest holder at $877.9 billion, reflecting concerns over the safety of U.S. debt and political uncertainty [8] - The reduction in Chinese holdings could have substantial impacts on the U.S. Treasury market, potentially increasing yields and financing costs, thereby exerting pressure on the U.S. economy and the stability of the dollar [8]

在华尔街与华盛顿的权力走廊中，有关杰米·戴蒙(Jamie Dimon)出任财政部长甚至竞选总统的猜测屡见 不鲜。然而，这位摩根大通集团长期掌门人，却为"担任美联储主席"这一可能性划下明确界限。 周四，戴蒙在美国商会活动上回应相关提问时直言："美联储主席这个职位，我将其归为'绝对、百分之 百、绝无可能、绝无机会、无论任何理由'的范畴。"至于财政部长一职，他则表示"会接那个电话"，暗 示持开放态度。 摘要今日周五(1月16日)亚盘时段，现货黄金最新报价为1030.58元/克，较前一交易日下跌3.41元，跌幅 0.33%，日内呈现震荡下行走势。当日开盘价报1034.13元/克，盘中最高触及1035.04元/克，最低下探至 1029.06元/克。 今日周五(1月16日)亚盘时段，现货黄金最新报价为1030.58元/克，较前一交易日下跌3.41元，跌幅 0.33%，日内呈现震荡下行走势。当日开盘价报1034.13元/克，盘中最高触及1035.04元/克，最低下探至 1029.06元/克。 【要闻速递】 作为执掌摩根大通20年的金融巨头，戴蒙被视为跨党派潜在要职人选。他明确表示希望至少留任五年， 称"热爱所做之事，只要精 ...

2026年初，美国的政治和金融界迎来了一场不同寻常的较量：总统特朗普为了迫使美联储主席鲍威尔下 台，竟然发动了刑事调查，试图在鲍威尔2026年5月任期届满前，将其逼迫提前辞职。而鲍威尔则坚定 拒绝辞职，强硬捍卫着美联储百年来未曾动摇的独立性。这场对决，绝非单纯的个人恩怨，而是政治权 力与制度坚持之间的一场生死博弈。每一步的推动，似乎都在悄然改变美国经济的命脉，甚至可能彻底 改写全球美元霸权的格局。 回顾往事，鲍威尔最初的美联储主席位置，正是特朗普在2017年第一任期 内亲自任命的。那时，特朗普曾公开称赞他为聪明的经济管理者，二人的关系没有任何私人矛盾。然 而，随着时间的推移，矛盾的导火索逐渐浮现，源自两人对于货币政策的巨大分歧。2018年鲍威尔上任 后推行连续加息政策，这与特朗普希望通过低利率刺激经济的诉求相悖。于是，特朗普第一次公开批评 鲍威尔，甚至考虑解雇他，裂痕初现。 从制度层面来看，美联储的独立性成为矛盾的另一个焦点。美联储一直以来都以经济数据为基础来制定 货币政策，坚守不受短期政治压力干扰的原则，这也是美元信用体系的核心所在。而鲍威尔正是坚守这 一原则，拒绝将货币政策沦为政治工具，他依据核心经济指标 ...

黄金方面： 近期，特朗普威胁将对美联储主席鲍威尔展开刑事调查，但随后表示目前并无计划解雇鲍威尔。同时还表示将在前美联储理事沃什和哈塞特之 间作出选择。 明尼阿波利斯联储主席卡什卡利表示捍卫美联储的独立性并声援鲍威尔，表示无论谁来担任下一任美联储主席，都必须在利率方面提出有力的 证据并说服决策者们。 百利好特约智昇研究黄金高级分析师欧文认为，特朗普多次威胁解雇鲍威尔，而且他的任期即将结束，下一任美联储主席的人选备受关注。 原油方面： 美国白宫发言人表示特朗普正在密切关注伊朗局势，如果继续发生杀戮行为，将面临严重后果。有媒体透露内塔尼亚胡请求特朗普推迟行动， 以便为报复争取更多的时间。 伊朗是全球第九大原油生产国，产量约为400万桶/日，投资者担忧若因局势动荡可能导致该国原油锐减，在战争来临时伊朗可能封锁霍尔木兹 海峡，势必影响整个中东地区的原油航运，原油供应链遭受巨大的冲击。 技术面：原油上周自56美元一线大幅上涨，一度上破62美元，昨日（1月15日）短线出现大幅回落，上涨势头有所放缓，下方重点关注55美元 的支撑。日内关注58.40美元的多空分界。 原油小时图 黄金小时图 铜方面： 铜价多头趋势，小时图保持宽 ...

Core Viewpoint - The comments from Michael Barr highlight concerns regarding the independence of the Federal Reserve amid ongoing investigations and pressures from the U.S. government [1][2]. Group 1: Federal Reserve Independence - Barr stated that the investigations by the U.S. Department of Justice and accusations from the White House represent challenges to the Federal Reserve's independence [1][2]. - He emphasized that the Federal Reserve's actions are driven solely by economic reasons, focusing on price stability and full employment as mandated by Congress [2]. Group 2: Current Monetary Policy - Barr believes that the current benchmark interest rate is at a neutral level, balancing inflation and employment risks [3]. - He noted that while the job market is expected to remain stable, there are ongoing risks related to inflation that could affect policy goals [3]. Group 3: Future Rate Decisions - Barr is adopting a cautious stance on further rate cuts, indicating that data adjustments may be necessary due to potential biases from government shutdown impacts [4]. - The upcoming nomination of a new Federal Reserve chair by Trump is expected to lean towards lowering interest rates, raising concerns about the Fed's future independence [4]. - Barr reassured that the structure of the Federal Open Market Committee ensures that any new chair must gain the trust of the committee to implement policy changes [4].

"我曾与杰罗姆·鲍威尔共事。他是一位非常出色的专业人士，是个非常正直的人，我认为他在同事中的 声誉足以说明一切。"她补充道。 格奥尔基耶娃发表上述言论之际，美国检方正在就鲍威尔去年夏天就美联储大楼翻修项目所作的证词进 行刑事调查。鲍威尔证实，他已获悉华盛顿特区联邦检察官办公室正在调查其是否在去年6月向国会作 证时，就美联储总部一项高额翻修工程作出了不实陈述。 鲍威尔还称这项调查是一个借口，是美国总统特朗普为施压美联储降低利率、终结央行独立性而采取的 持续行动的一部分。 此次调查不仅引发了美国参议院共和党内部一些关键成员的广泛批评，同时还有多国经济官员、投资者 以及来自两党前美国政府官员的强烈反对声。 据央视新闻报道，当地时间周四（15日），国际货币基金组织（IMF）总裁格奥尔基耶娃表示，央行独 立性对经济运行至关重要，并公开支持正面临特朗普政府调查的美联储主席鲍威尔。 当天，格奥尔基耶娃在接受采访时指出，有充分证据表明，央行独立性以及基于事实和数据的决策方 式，符合企业和家庭的利益，有利于整体经济稳定。她表示，自己曾与鲍威尔共事，对其专业性高度认 可，称其在国际央行同行中享有很高声望。 格奥尔基耶娃对此表示， ...

Report Summary 1. Report Industry Investment Rating No information provided regarding the report industry investment rating. 2. Core Viewpoints - Silver experienced a significant correction after reaching a new historical high, mainly due to the cooling of tariff expectations, concentrated profit - taking, and increased volatility. Gold also declined but to a limited extent, with its safe - haven and monetary attributes remaining resilient [1][3]. - In the short term, attention should be paid to the decline in silver volatility and the repair of the position structure, while being vigilant about the amplified technical volatility under high - level oscillations. In the medium term, fundamentals and macro - logic will be the main drivers, and the correction is more conducive to the re - layout of long - term funds [3]. 3. Summary by Relevant Catalogs Key Information - US senior officials met with Danish and Greenlandic foreign ministers, but the communication failed to calm Trump's public statement about "taking over Greenland", increasing concerns about long - term geopolitical tensions between Copenhagen and Washington and raising the geopolitical uncertainty premium [2]. - Trump said the president "should have some say in Fed policy" and emphasized that he has no plan to replace Fed Chairman Powell [2]. - US Senate Republicans rejected a bill to limit the president's further military actions against Venezuela without congressional authorization [2]. Price Logic - **Gold**: In the overall correction of precious metals, gold was relatively stable. Although the suspension of tariffs in the US eased short - term policy disturbances, disputes over the Fed's independence, the "sell the US" narrative, and geopolitical uncertainties still provided medium - term support for gold. The decline in gold prices was more of a technical adjustment under the repair of risk appetite and did not change its configuration value as a hedging asset [3]. - **Silver**: The previous rise of silver was driven by tariff expectations, tight spot supply, and capital sentiment, with a growth rate significantly faster than the digestion ability of fundamentals. After the cooling of tariff expectations, concentrated profit - taking and a high - volatility environment led to a rapid price decline. In the medium term, supply constraints, industrial demand (such as photovoltaics), and the spill - over effect of gold still exist, but in the short term, time or price correction is needed to digest the over - crowded trading structure [3]. Market Indexes - **Commodity Indexes**: The commodity index was 2448.62, up 0.96%; the commodity 20 index was 2809.04, up 1.08%; the industrial products index was 2362.72, up 0.62%; the PPI commodity index was 1466.29, up 0.70% [45]. - **Precious Metals Index**: On January 14, 2026, the precious metals index was 4368.49, with a daily increase of 3.46%, a 5 - day increase of 9.90%, a 1 - month increase of 19.06%, and a year - to - date increase of 14.23% [46].

钛媒体App 1月16日消息，白宫国家经济委员会主任凯文·哈塞特是下一任美联储主席的热门人选之一。 他周四驳斥了外界对他若获得这一职位、可能难以说服其他美联储官员支持其观点的担忧。"我足够强 硬，能赢得辩论。"哈塞特当日表示，"任何一个来到这个白宫、并且在5年里回答过你能想到的每一个 问题的人——就像我一样，都足够强硬，能够面对充满敌意的局面，帮助人们理解他们为什么是对的或 错的。"哈塞特重申，特朗普的看法是：在鲍威尔领导下，美联储带有政治倾向，在2024年大选前降 息，却在特朗普于2025年成为总统后暂停了宽松周期。"我可以告诉你，无论总统选择谁——他有一批 非常出色、经验丰富的候选人，美联储都会再次独立，"哈塞特称。当被问及他是否支持特朗普近期限 制信用卡利率上限、并禁止机构购买住房的举措时，哈塞特说："是的，我当然支持总统的政策。"（广 角观察） ...

Market - US stock market closed higher on January 16, with chip and bank stocks leading the gains, as major indices rebounded after two consecutive days of decline [1] - TSMC reported a record net profit growth of 35% year-on-year for Q4, driving chip stocks up, with Nvidia and AMD also seeing gains [2] - Oil prices fell over 4% due to easing geopolitical tensions regarding Iran, which supported market sentiment [4] Macro - US cross-border investment inflows significantly improved in November, reaching $212.04 billion, compared to a revised outflow of $22.47 billion in October [4] - Several Federal Reserve officials indicated a preference to maintain current policy rates, citing stable labor markets and persistent inflation concerns [8][10] - The unemployment claims in the US dropped to 198,000, the lowest since November, indicating a resilient labor market despite some layoffs announced by large employers [20] Company - Goldman Sachs plans to raise $16 billion through bond issuance, marking the largest such issuance in Wall Street history [21] - Mission Produce acquired Calavo Growers for $430 million, but the announcement led to a 4.6% drop in Mission Produce's stock price [22] - Major Wall Street banks are expected to return over $140 billion to shareholders in dividends and stock buybacks in 2025, setting a new record [23] - Goldman Sachs and Morgan Stanley reported significant profit increases in Q4 2025, driven by a surge in trading activity [27]