Recently, news about Trump repeatedly pressuring the Federal Reserve to cut interest rates has frequently made headlines in American media. He strongly demands that the Federal Reserve immediately cut rates by 300 basis points and has expressed dissatisfaction with Fed Chairman Powell for not taking action, even threatening to replace him.
Even more exaggerated, Trump's side has begun investigating the renovation project of the Federal Reserve building, questioning its legality, seemingly aiming to find an excuse to remove Powell.
But I want to say that Powell will ultimately complete his entire term safely. This series of seemingly intense actions and words is more of a political show.
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