Trump's increased intervention in monetary policy has triggered credibility issues for the Federal Reserve

2025-07-09 15:13

Odaily Planet Daily News: Market analysis points out that Trump's increased intervention in monetary policy has triggered credibility issues for the Federal Reserve. Regardless of who ultimately takes over, they may be labeled as "only for executing Trump's interest rate cut directive", breaking the traditional "depoliticized" appearance of the Federal Reserve. According to reports, in order to expand his influence in the short term, Trump is considering appointing a "shadow chairman" before current chairman Powell steps down next year to pressure the Federal Reserve to cut interest rates. (Golden Ten)

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