"Firewall" temporarily protects the independence crisis of the Federal Reserve and triggers a chain reaction.

According to reports from American media, on September 15th local time, the U.S. Federal Court of Appeals ruled to reject the Trump administration's request to dismiss Lisa Cook, a director at the Federal Reserve. The Federal Reserve is scheduled to hold a monetary policy meeting on September 16th and 17th, with the market widely expecting the Fed to begin a new round of interest rate cuts. After the latest ruling from the federal appeals court, public opinion believes that the Trump administration's efforts to prevent Cook from attending the Fed's meeting have failed.