美国银行前任全球经济研究主管Ethan Harris指出，特朗普此前对美联储的持续批评如今已升级为直接 采取罢免理事的行动，这一转变"意味着美联储正面临一场关乎生存的重大危机"。 今日周五（9月26日）亚盘时段，黄金期货目前交投于850附近，截至发稿，黄金期货暂报857.18元/ 克，涨幅0.15%，最高触及858.80元/克，最低下探850.74元/克。目前来看，黄金期货短线偏向看涨走 势。 打开APP，查看更多高清行情>> 【要闻速递】 "美联储传声筒"于近期发表最新文章称，美国最高法院即将针对美国总统特朗普是否有权将库克从美联 储理事会免职这一关键案件作出重要裁决。众多经济学家以及前美联储官员纷纷警示，此案件极有可能 对央行历经数十年所维系的独立性造成严重冲击。 当前，特朗普政府正向最高法院提出诉求，要求推翻下级法院此前作出的允许库克在其挑战白宫解雇决 定期间继续履职的裁决。 即便最终裁决倾向于白宫一方，也并不意味着该事件就此尘埃落定。不过，分析师普遍认为，这一裁决 将成为关键转折点，一旦成立，将为特朗普替换其他美联储理事铺平道路，进而打破长达90年来保护央 行官员免受政治干预的法律传统。 哈佛大学经济 ...

Core Viewpoint - The article emphasizes the importance of maintaining the independence of the Federal Reserve, warning that any political interference, such as the potential dismissal of Federal Reserve Governor Lisa Cook by President Trump, could undermine public trust in the institution and destabilize the economy [3][4][5]. Group 1: Concerns Over Federal Reserve Independence - A coalition of former Federal Reserve chairs, Treasury Secretaries, and economists has urged the Supreme Court not to allow Trump's dismissal of Cook, arguing it could jeopardize economic health and lead to higher inflation [3][6]. - The submission to the Supreme Court highlights that allowing Cook's dismissal during her legal challenge would weaken public confidence in the Federal Reserve and disrupt efforts to stabilize prices and employment [4][5]. - The document stresses that a central bank's independence is crucial for maintaining low and stable inflation without increasing unemployment, as historically, political pressures have led to economic instability [5][6]. Group 2: Historical Context and Implications - The document references former Fed Chair Arthur Burns, who faced political pressure in the 1970s, resulting in a period of high inflation and economic turmoil, illustrating the risks of undermining central bank independence [6][7]. - The legal filing underscores concerns that a non-independent central bank may prioritize short-term gains over long-term economic stability, which could have detrimental effects on the economy [7][8]. Group 3: Legal Proceedings and Arguments - Cook's legal team argues that Trump's request to dismiss her is based on unverified allegations and that the Supreme Court should reject this unconventional application, as it threatens the independence of the Federal Reserve [11][13]. - The case hinges on whether Trump has "just cause" under the Federal Reserve Act to dismiss Cook, with legal experts suggesting that the court is likely to uphold protections for Fed governors against arbitrary dismissal [12][15]. - The Supreme Court's decision could set a precedent regarding the limits of presidential power over Federal Reserve officials, impacting the institution's operational integrity [14][15].

Group 1: Silver Market Analysis - International silver is currently trading above $44.75, opening at $45.17 per ounce, and is reported at $44.90, down 0.58% [1] - The highest price reached was $45.19, while the lowest was $44.60, indicating a short-term sideways trend in the silver market [1] - The previous day's trading saw silver open at $43.894, drop to $43.748, and then rise to a high of $45.221, closing at $45.174 with a bullish candlestick pattern [5] Group 2: Institutional and Legal Developments - A group of 18 former Federal Reserve officials and Treasury Secretaries urged the Supreme Court to reject President Trump's order to dismiss Fed Governor Lisa Cook, highlighting the potential implications for the Fed's independence [3] - The outcome of this case could redefine the "untouchable" status of the Federal Reserve, affecting future presidential powers to replace board members based on political inclinations [3] - If the Supreme Court allows the dismissal, it may undermine the stability of market expectations regarding monetary policy, while a ruling against it would strengthen judicial protections for the Fed's independence [4]

Timiraos最新撰文指出，特朗普试图罢免库克的法律挑战已成为一场"决定性战役"，美国银行前全球经 济研究主管则更直白地表示，这代表了美联储的一场生存危机…… "美联储传声筒"、华尔街日报记者Nick Timiraos最新撰文指出，最高法院即将就美国总统特朗普能否将 库克从美联储理事会中免职一案做出裁决，经济学家和前美联储官员表示，此案有可能严重侵蚀数十年 来央行的独立性。 美国银行前全球经济研究主管Ethan Harris说，特朗普从持续的批评已转向直接采取行动罢免理事，"代 表了美联储的一场生存危机。" 特朗普政府已请求最高法院推翻下级法院的裁决，该裁决允许库克在她挑战白宫试图解雇她的期间继续 留任。 对白宫有利的裁决未必是此事的最终定论。但分析师表示，这将是一个关键的进展，为特朗普替换其他 美联储理事打开了大门，从而颠覆了90年来保护央行官员免受政治控制的法律先例。 "如果你相信美联储的独立性，那这差不多就是噩梦情景，"哈佛大学经济学家Kenneth Rogoff说，他曾 在1985年撰写过一篇关于央行独立性的开创性论文。"如果特朗普在丽莎·库克这件事上成功了，那什么 能阻止他把目标对准其他理事，并将 ...

美国著名对冲基金经理、城堡投资创始人兼首席执行官肯.格里芬表示，他预计美联储在2025年还会再 次下调基准利率，因为该央行正将注意力转向劳动力市场。格里芬周四在接受采访时表示："我认为他 们今年还会再降息一次，甚至两次。美联储对劳动力市场感到紧张，因为我们确实看到了新增就业岗位 数量下降。" 格里芬表示："在当今这个时代，按季度进行报告是合理的。" 美国劳动力市场开始显现疲软迹象，8月份的失业率升至4.3%，为2021年以来的最高水平。美联储主席 杰罗姆.鲍威尔上周表示，就业市场降温的迹象愈发明显，当时美联储将基准利率下调了25个基点。 格里芬表示："在劳动力市场方面，我们很难确切地知道当前的状况究竟如何。但我们可以确定的是， 如果没有移民涌入，美国的人口增长将会大幅放缓，这将导致我们创造新工作岗位的能力下降。" 格里芬一直主张美联储应保持独立性。本月早些时候，格里芬在一篇评论文章中指出，维护美联储的独 立结构符合美国总统唐纳德.特朗普的最佳利益。 格里芬表示："他希望降低利率，而我要告诉你的是，如果我是总统，我会让美联储履行职责。我会让 美联储尽可能拥有感知上的和实际的独立性，因为美联储往往需要做出一些相当 ...

智通财经APP获悉，周四，美联储理事库克的律师团队向最高法院提交文件，强烈要求驳回总统特朗普 要求立即解雇她的申请。库克律师在文件中指出，特朗普的举动将"从根本上破坏美联储董事会的独立 性"，并警告这一先例将对美联储制度构成长期威胁。 特朗普随后向最高法院提出申请，请求解除下级法院阻止其解雇库克的裁定。 "与总统几乎无限制的权力主张不同，总统解雇美联储理事的行为必须有实质性约束，否则任何总统都 可以基于任意指控罢免任何理事，"文件指出，"这并非国会在设计美联储时所设想的制度。" 周四早些时候，美国过去35年来的主要经济政策制定者，包括所有在世的美联储前主席，敦促最高法院 允许美联储理事库克继续任职。该团体提交的文件警告称，在库克的法律挑战仍在进行的情况下允许她 被免职，将标志着国会90年前建立的保障行政部门独立性的保障措施受到破坏性侵蚀。 分析人士指出，此案不仅关系到库克个人命运，更是对美联储独立性的重大考验。特朗普近月来不断抱 怨美联储降息行动不够迅速，并公开施压要求更大幅度降息。就在上周，美联储刚刚宣布今年首次降息 25个基点，库克也参与了此次决策。 在该文件上签名的人士引用的研究表明，央行在设定利率时不 ...

Market Overview - The three major U.S. indices declined for the third consecutive trading day, with the Dow Jones down 173.96 points (0.38%) at 45947.32, the Nasdaq down 113.16 points (0.50%) at 22384.70, and the S&P 500 down 33.25 points (0.50%) at 6604.72, pressured by rising U.S. Treasury yields [1] - European indices also fell, with Germany's DAX30 down 136.90 points (0.58%) at 23544.80, the UK's FTSE 100 down 36.88 points (0.40%) at 9213.55, and France's CAC40 down 32.03 points (0.41%) at 7795.42 [1] Commodity Prices - Light crude oil futures for November delivery fell by $0.01 to $64.98 per barrel, a decrease of 0.02%, while Brent crude oil futures for November delivery rose by $0.11 to $69.42 per barrel, an increase of 0.16% [2] - Bitcoin dropped over 3% to $109,421.30, and Ethereum fell over 6% to $3,903.01 [3] Precious Metals and Forex - Spot gold increased by over 0.3% to $3,749.04 [4] - The U.S. Dollar Index rose by 0.7% to 98.554, with the euro trading at $1.1653, the pound at $1.3335, and the yen at ¥149.89 [4] Economic Data - The U.S. economy grew at an annualized rate of 3.8% in Q2, revised up from 3.3%, indicating strong consumer and business spending resilience [5] - Economists expect the upcoming August personal consumption expenditure data to show nearly a 3% increase year-over-year [5] Federal Reserve Insights - Federal Reserve Governor Milan suggested the possibility of a rapid 50 basis point rate cut to mitigate economic risks, emphasizing the need for timely adjustments to monetary policy [6] - Dallas Fed President Logan proposed shifting from the federal funds rate to an overnight rate linked to U.S. Treasury collateral for more effective monetary policy execution [6] Mortgage Rates - U.S. mortgage rates rose to 6.3%, ending a streak of declines, which may impact affordability for potential buyers [8] - Economists believe that a drop below 6% could encourage more homeowners to sell, increasing the supply of second-hand homes [8] Regulatory Developments - Meta is facing potential EU charges for inadequate regulation of illegal content on its platforms, which could result in fines up to 6% of its global annual revenue [10] - Google may face a second significant fine from the EU related to competition law violations, following a previous fine of €2.95 billion for preferential treatment of its own advertising services [11]

Core Viewpoint - A coalition of former U.S. Federal Reserve chairs, Treasury Secretaries, and economists urges the Supreme Court not to allow President Trump to dismiss Fed Governor Lisa Cook, warning that such an action could jeopardize the health of the U.S. economy and undermine the independence of the Federal Reserve, potentially leading to increased inflation [1][2][3]. Group 1: Concerns Over Fed Independence - The coalition argues that allowing Trump to dismiss Cook during her legal challenge would weaken public trust in the Fed and disrupt its efforts to stabilize prices, increase employment, and regulate long-term interest rates [1][2]. - Economists have reached a consensus that greater independence for central banks correlates with lower and more stable inflation without increasing unemployment, thus supporting the Fed's dual mandate of price stability and maximum employment [1][3]. Group 2: Historical Context and Warnings - The document references former Fed Chair Arthur Burns, who faced political pressure from President Nixon in the 1970s, leading to a period of high inflation and economic instability due to a lack of independence [2][3]. - The former officials emphasize that a non-independent central bank tends to pursue short-term gains, which can result in long-term economic damage [3]. Group 3: Legal Proceedings and Implications - Cook's legal team argues that Trump's request to dismiss her before the conclusion of the lawsuit would severely undermine the Fed's independence and could create chaos in financial markets [8][10]. - The Supreme Court's decision will hinge on whether Trump has "just cause" under the Federal Reserve Act to dismiss Cook, with her lawyers asserting that the allegations against her are unsubstantiated and politically motivated [9][11]. Group 4: Support from High-Profile Officials - The coalition includes prominent figures from both political parties, such as former Fed Chairs Alan Greenspan, Ben Bernanke, and Janet Yellen, as well as former Treasury Secretaries like Robert Rubin and Larry Summers [4][6]. - Alan Blinder, a former Fed Vice Chair, noted that there is a strong bipartisan consensus against undermining the Fed's independence, warning that if Trump can dismiss Cook, he could do so to any Fed official, eroding the institution's credibility [6].

来源：滚动播报 城堡投资创始人Ken Griffin：总统应该让美联储来做他们的工作。 ...

美国过去35年来的主要经济政策制定者，包括所有在世的美联储前主席，敦促最高法院允许美联储理事 库克继续任职。法庭之友意见书警告称，在库克的法律挑战仍在进行的情况下允许她被免职，将标志着 国会90年前建立的保障行政部门独立性的保障措施受到破坏性侵蚀。在该意见书上签名的人士引用的研 究表明，央行在设定利率时不考虑短期政治因素，可以降低通胀，降低长期利率。这份简报由美联储前 主席格林斯潘、伯南克和耶伦签署。18位签名者还包括以下共和党和民主党政府的总统顾问，以及来自 不同意识形态的主要经济学家：前财长罗伯特·鲁宾和劳伦斯·萨默斯、前经济顾问委员会主席格伦·哈伯 德和格雷格·曼昆等。（格隆汇） ...