华尔街再发警告！Citadel创始人格里芬：白宫必须离美联储“远一点”

Core Viewpoint - Ken Griffin, founder of Citadel, warns that the White House must maintain "distance" from the Federal Reserve, reflecting investor anxiety over the Fed's independence amid concerns about potential political interference in monetary policy [1][2] Group 1: Concerns Over Fed Independence - Griffin emphasizes the importance of creating distance between the White House and the Federal Reserve, particularly in light of potential appointments of Trump allies to the Fed [1] - The nomination race for the Fed chair is heating up, with current chair Jerome Powell's term ending in May 2024, and concerns about the independence of potential candidates like Hassett are rising [1][2] - Wall Street executives, including Jamie Dimon of JPMorgan, express skepticism about Hassett's independence due to his previous roles in the Trump administration [2] Group 2: Political Pressures on Monetary Policy - Trump pressures the Fed to lower interest rates, advocating for a target rate of 1% despite inflation being above the Fed's 2% target [3] - The Fed has already cut rates three times this year, with the latest reduction bringing the target range to a three-year low of 3.5% to 3.75% [3] - Griffin notes that Trump is focused on business leaders' suggestions to address ongoing affordability issues that are frustrating American voters [3] Group 3: Market Implications and Policy Outlook - Griffin refrains from endorsing any specific candidate, suggesting that the decision should prioritize who can provide the greatest reassurance to global markets and American consumers [4] - Despite being a significant donor to Republican candidates, Griffin has not explicitly supported Trump in the past year and has criticized some of Trump's policies [4] - Polls indicate a significant improvement in the Democratic Party's prospects for the upcoming midterm elections, while the Republican Party struggles with the inflationary realities of its policies [4]