Pressure on Trump for two consecutive days to urge Federal Reserve Chairman Powell to cut interest rates
According to online reports, US President Trump posted an article on the social media platform "Real Social", again urging Federal Reserve Chairman Powell to cut interest rates. The day before, Trump posted a post on social media platform on the 9th, criticizing the Federal Reserve's current interest rate policy, saying that the interest rate set by the Federal Reserve is at least 3 percentage points higher, and each percentage point of interest rate causes the United States to refinance US$360 billion every year. cost. According to the US Consumer News and Business Channel, Trump is considering appointing a "shadow chairman" for the Federal Reserve before Federal Reserve Chairman Powell leaves office next year to put pressure on the Federal Reserve to cut interest rates. (CCTV News)
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