New evidence may prevent Fed directors from firing before Federal Open Market Committee meeting

New evidence undermines President Trump's attempt to fire Fed Director Lisa Cook, as documents show Cook's mortgage fraud allegations are unfounded. Given that the Federal Open Market Committee meeting is about to be held, Cook's continued office will safeguard the Fed's independence and prevent Trump from exerting influence on interest rate decisions. The market remains confident about the upcoming rate cut, avoiding the possible impact of cryptocurrency and financial stability.