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给特朗普辩护指鹿为马?“新美联储通讯社“批联储主席大热人选哈塞特
智通财经网·2025-10-04 03:06

Core Viewpoint - The article discusses the controversy surrounding Kevin Hassett's defense of the Federal Reserve's independence while simultaneously justifying President Trump's criticisms of it, highlighting the complex stance within the Trump administration regarding the Fed's independence and its implications for future monetary policy direction [1]. Group 1: Criticism of the Federal Reserve - Hassett's first accusation is that the Federal Reserve's inflation predictions in 2021 demonstrate partisan bias, claiming that the Fed allowed inflation to spiral out of control under the Biden administration [2]. - Timiraos points out that during Biden's presidency, five out of six Federal Reserve governors were appointed during Trump's first term, including current Chair Jerome Powell, indicating a lack of partisan bias in the Fed's composition [2]. Group 2: Monetary Policy Adjustments - Timiraos notes that the Federal Reserve began significantly raising interest rates once it recognized that its monetary policy was off track, with Biden-appointed governors filling positions starting in the second quarter of 2022 [3]. - The Fed announced a tapering of bond purchases on November 3, 2021, prior to Biden's reappointment of Powell, suggesting that the decision to tighten policy was not solely dependent on the timing of Powell's nomination [4]. Group 3: Election-Year Rate Cuts - Hassett's third claim is that the Fed unexpectedly cut rates before the last election to aid the Democratic candidate Kamala Harris, a viewpoint that Hassett did not express at the time and later defended as a wise decision based on available data [5].