PANews reported on July 22 that according to Jinshi, US President Trump talked about Powell: He will be out soon anyway. Trump also said: Powell keeps interest rates too high. The economy is strong. Interest rates should be reduced by 3 percentage points, or even lower, and interest rates should be maintained at 1%. Powell's policies are affecting the housing market.
U.S. Treasury Secretary Benson also said that the Fed should cut interest rates now. The Fed has seen a major "mission expansion", which has led to high government spending.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.