Musk exploded again!

No resignation, no legal, no discussion. Powell used four "no" words to force the new US president.

The 2024 U.S. election has finally come to an end, and Trump's victory in the Federal Reserve's interest rate cut has clouded the road.

Some analysts pointed out that Trump's election will not immediately change the Federal Reserve's monetary policy, but if the Republican Party controls the House and Senate, it may adjust economic forecasts and basic assumptions at the December policy meeting.

Hawk Insight brings you a piece.

On Saturday local time, Musk said during a campaign event in Harrisburg, Pennsylvania that starting from now on, he would randomly award $1 million a day to a voter who signed a petition until the end of the election.

If Trump wins the 2024 election, it could trigger a policy shift in favor of specific sectors such as energy, finance and manufacturing.

Republican candidate Donald Trump's view of the rate cut is on the negative side, arguing that either the economy is in very bad shape or it's political maneuvering. Democratic candidate Harris, on the other hand, welcomed the rate cut.

In media interviews at the end of the event, Trump said he could end the electric car tax credit if he is elected and would be willing to appoint Musk as an adviser.

At 8 p.m. on August 12, Trump and Musk held an online meeting lasting more than two hours.

On Monday night, Musk and Trump had a live conversation on the X platform, in which they discussed several topics involving U.S. politics in a two-hour conversation.

Trump has said that if he returns to the White House, he will ensure that the government retains its entire bitcoin holdings and classifies bitcoin as a strategic reserve asset of the United States.

Trump: "I'm a big fan of electric cars and a big fan of Musk."

Biden stated that he will fully support and endorse US Vice President Harris in obtaining the Democratic presidential candidate nomination.

Musk has indicated plans to donate approximately $45 million per month to a Super Political Action Committee (PAC) supporting Trump's presidential campaign.

Mark Sobel argued that Trump's re-election as president could threaten the dollar's global dominance.

While the Fed and the U.S. government remain independent of each other, the possibility of pressuring the Fed to cut interest rates after Trump's election is not ruled out.

As the "favorite to win the US presidential election" this year, Trump's chances of winning the election have also increased after being hit by a bullet.