The Fed's senior officials have recently emphasized the independence of the Central Bank, while also providing new clues regarding the market's concerns about the future of Fed Chairman Powell.

A senior official has made it clear that there are currently no signs indicating that Powell needs to step down. This statement directly refutes various speculations from outside about Powell possibly being forced to resign. This position is consistent with the official's previous statements, as he declined to comment on Powell's status earlier this year, instead emphasizing the independence of the Fed.

It is worth noting that this statement comes against a special political backdrop. Previously, political figures had publicly criticized Powell's policy stance multiple times and pressured for interest rate cuts, even threatening to remove him from office at one point. This senior official's latest comments seem aimed at alleviating the public pressure regarding political forces interfering with Central Bank decision-making.

However, the official also pointed out that if Powell personally wishes to end his term early, he can choose to do so. This clarification carries multiple layers of meaning: on one hand, it emphasizes a position of respecting Powell's personal wishes, implying that the decision to stay or leave is in Powell's hands; on the other hand, in conjunction with the official's earlier comments about plans to start interviewing candidates for the next Fed chair this autumn, it seems to leave room for Powell to potentially step down voluntarily.

Regardless, Powell's departure or retention will undoubtedly continue to be a focal point of market follow. The independence of the Fed and the stability of its leadership have a significant impact on the stability of global financial markets, and we will continue to closely follow the developments in this situation.