According to the content of a CNBC article, the remarks from Trump's team indicate a clear shift in the White House's attitude towards monetary policy:
- Shortly after taking office: Although Trump does not have the direct authority to control the Federal Reserve, he clearly called for an "immediate" interest rate cut at that time.
- A few days later: His attitude changed somewhat, as he expressed approval of the Federal Reserve's decision to maintain interest rates at the end of January, considering it the right decision.
- A few days ago: The new U.S. Treasury Secretary Mnuchin mentioned in a media interview that the Trump administration is focusing on the 10-year Treasury yield, rather than the Federal Reserve's short-term benchmark interest rate, when it comes to lowering borrowing costs.
When asked about Trump's stance on interest rate cuts, Mnuchin stated: "President Trump and I are focusing our attention on the 10-year Treasury, and he has not pressured the Federal Reserve to cut rates."
- On Wednesday: Trump's comments showed yet another shift in his stance, as he again began to pressure the Federal Reserve to implement a loose monetary policy. #代币储备 #zkLend加密盗窃事件