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Trump's Increased Intervention in Monetary Policy Raises Concerns About Fed's Credibility
Summary: According to market analysis, 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 rate-cut orders,' breaking the Fed's traditional 'apolitical' image. It is reported that in order to expand influence in the short term, ...
According to market analysis, 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 rate-cut orders,' breaking the Fed'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 Fed to cut rates.
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Link: Trump's Increased Intervention in Monetary Policy Raises Concerns About Fed's Credibility [Copy]
