Trump's increased monetary policy intervention has raised credibility issues for the Fed
market analysis indicates that Trump's increased intervention in monetary policy has raised concerns about the credibility of the Federal Reserve. Regardless of who ultimately takes over, they may be labeled as "only following Trump's interest rate cut orders," breaking the Federal Reserve's traditional "apolitical" image. It is reported that in order to expand influence in the short term, Trump is considering appointing a "shadow chairman" before current chairman Powell steps down next year to pressure the Federal Reserve to cut interest rates.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
