Core Viewpoint - The recent appointment of a White House staff member, Milan, to the Federal Reserve Board raises concerns about the independence of the Fed, as it marks the first time a sitting White House employee has entered this core circle since the 1951 agreement on central bank independence [1][8]. Group 1: Federal Reserve Independence - The appointment of Milan is seen as a direct political interference in the Federal Reserve's decision-making process, undermining its historical independence [7][12]. - The 1951 agreement was designed to prevent political influence over monetary policy, but this appointment has breached that understanding [8][12]. Group 2: Economic Data Integrity - The justification for recent interest rate cuts by the Federal Reserve is based on questionable employment data, with a significant downward revision of 911,000 jobs previously reported [3][5]. - The reliability of economic data is further compromised by a decrease in public participation in surveys, leading to potential inaccuracies in economic assessments [5]. Group 3: Political Influence on Monetary Policy - Milan's call for a 50 basis point rate cut, contrary to the Fed's initial plan for a 25 basis point cut, reflects an alignment with Trump's preference for lower interest rates to enhance economic appearances ahead of elections [10][12]. - Concerns are raised that if more of Trump's appointees are placed in the Fed, the institution may lose its professional integrity and become a tool for political agendas [10][12].
特朗普又动手!白宫职员入驻美联储,百年独立性要“凉”?
Sou Hu Cai Jing·2025-10-10 08:16