特朗普正为还债“强令”降息？耶伦警告：美国“财政主导”风险加剧！

Core Viewpoint - The rising federal debt is becoming a primary concern for the U.S. economy, with risks associated with "fiscal dominance" where low interest rates are maintained to reduce debt repayment costs rather than focusing on inflation control [1][2]. Group 1: Economic Risks - Former U.S. Treasury Secretary and Fed Chair Janet Yellen highlighted that the conditions for fiscal dominance are strengthening, as evidenced by past requests from President Trump for the Fed to lower interest rates to ease government debt burdens [1]. - The Congressional Budget Office predicts that the federal deficit will reach $1.9 trillion this year, bringing total debt to approximately 100% of GDP, with projections indicating this ratio could rise to about 118% over the next decade [1]. Group 2: Government Awareness and Response - Former Cleveland Fed President Loretta Mester expressed concern that the current administration may not fully recognize the threats posed by the debt situation, contrasting it with previous administrations that were more aware of the risks [2]. - Yellen expressed hope that a crisis, such as potential bankruptcies in Social Security and Medicare, could prompt bipartisan agreement on budget reforms [2]. Group 3: Expert Opinions - Economist David Romer from UC Berkeley expressed a pessimistic view on the likelihood of bipartisan agreements to avoid a fiscal disaster, emphasizing that unresolved fiscal issues will create problems for everyone, including the Federal Reserve [4].