#特朗普希望利率一年内降至百分之一 $BTC $ETH $SOL Local time December 12, Trump clearly expressed in an interview his hope to reduce the federal funds rate to 1% or even lower within a year. The core purpose of this move is to help the U.S. Treasury lower the high financing costs of national debt. The specific relevant background and subsequent developments are as follows:
1. Discontent with the current rate cut: On December 10, the Federal Reserve just lowered the rate by 25 basis points to 3.5%-3.75%. This is the third rate cut of the year, but Trump complained that the cut was too small, stating that it should have at least doubled. He has criticized Federal Reserve Chairman Powell for being too slow in rate cuts multiple times and has even threatened to remove him from office.
2. Pressure to bind the Federal Reserve chairmanship candidate to rate cuts: Trump stated that former Federal Reserve Governor Kevin Warsh is the top candidate for the next Federal Reserve chair, and Kevin Hassett, chairman of the White House Council of Economic Advisers, is also on the preferred list. He mentioned that Warsh agrees that rate cuts are necessary and hopes that the next chair will consult his opinion when formulating interest rate policy, further sending signals to the Federal Reserve to exert pressure for rate cuts through the nomination of candidates.
3. Ongoing policy differences with the Federal Reserve: Previously, Trump has repeatedly pressured the Federal Reserve for rate cuts, while the Federal Reserve has always emphasized its decision-making independence. Powell has pointed out that current inflation exceeds targets, and tariff policies also bring uncertainty to the economy, requiring careful policy formulation. Trump's request for rate cuts has once again raised market concerns about the Federal Reserve's independence and the stability of the U.S. financial market.
