Core Viewpoint - The article discusses the influence of political pressure on the Federal Reserve's decision-making, particularly in the context of potential changes in leadership and monetary policy under President Trump. Group 1: Federal Reserve Leadership - Trump has indicated three potential candidates for the Federal Reserve chairmanship: Hassett, Waller, and Walsh, all of whom have pro-business and accommodative monetary policy stances [3][4] - Current Fed Chair Powell's term lasts until 2026, but Trump has expressed dissatisfaction with him since 2018, particularly during the COVID-19 pandemic when he pressured for aggressive rate cuts [4][6] Group 2: Monetary Policy and Economic Implications - The U.S. is facing high interest rates, with projected interest costs exceeding $1 trillion in the 2024 fiscal year, accounting for about 13% of the federal budget [6] - Market expectations indicate that investors anticipate at least two rate cuts by the end of 2025, reflecting skepticism about the Fed's ability to resist political pressure [6] - Historical precedents show that political interference in Fed decisions can lead to long-term economic issues, such as the inflation crisis of the 1970s [8] Group 3: Independence of the Federal Reserve - The article raises concerns about the potential loss of the Fed's independence if it becomes a tool of the White House, which could undermine its credibility and the integrity of its monetary policy [8][12] - The current economic environment, with core inflation around 3%, suggests that hasty rate cuts could reignite inflation, negatively impacting the public [10][12]
美国总统突然宣布特朗普明确表示没说过一定会选哈塞特,但他确实是前三候选人之一,原本的第四人选财长贝森特已退出
Sou Hu Cai Jing·2025-09-06 14:17