Summary of Important Events for the Evening of April 19th
1. The probability of a Federal Reserve rate cut plummeted from 40% to below 10%;
2. The U.S. "reciprocal tariffs" could potentially cost the EU 1.1 trillion euros;
3. Sources: The White House will establish a task force to urgently address the tariff crisis with China;
4. Bitcoin mining difficulty increased by 1.42% to 123.23T, setting a new historical high;
5. The Wall Street Journal: A plot to remove Powell leaked, revealing the Federal Reserve successor;
6. Elon Musk unfollowed Treasury Secretary Beshent on X.
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