The Power Struggle Between the Federal Reserve and the White House: A Covert Battle of Finance and Politics
The game between the Federal Reserve and the White House is escalating, and a covert battle of finance and politics is quietly unfolding. Federal Reserve Chairman Goolsbee appeared on CNBC at a critical moment, releasing a series of significant signals that triggered severe market turbulence.
Goolsbee publicly mentioned Trump's policies for the first time during the program, breaking the long-standing tradition of the Federal Reserve avoiding direct comments on presidential policies. He warned that if tariffs are imposed on imported raw materials, leading to retaliatory tariffs from foreign countries, it could result in sustained price increases, forcing the Federal Reserve to take interest rate hikes in response. This statement directly challenges Trump's economic policies and has sparked widespread attention in the market.