加密印钞姬
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Powell stubbornly refuses to lower interest rates! The China-US interest rate battle is heating up, and the global financial landscape is in turmoil!
[The Federal Reserve is cornered]
Federal Reserve Chair Powell is under so much pressure lately that he can't sleep! On one side, prices for milk and bread in supermarkets are skyrocketing, while on the other side, companies are frantically hiring.
He is now like standing in the middle of a seesaw - afraid that lowering interest rates will lead to uncontrolled inflation, while not lowering rates could lead to a hard landing for the economy.
What's worse is that his term ends in May 2026. If he eases and lowers interest rates now, and inflation rebounds, he could become the "worst Federal Reserve Chair in history";
But if interest rates are persistently raised, when the wave of business closures comes, voters will blame him for "killing jobs".
Federal Reserve Chair Powell is under so much pressure lately that he can't sleep! On one side, prices for milk and bread in supermarkets are skyrocketing, while on the other side, companies are frantically hiring.
He is now like standing in the middle of a seesaw - afraid that lowering interest rates will lead to uncontrolled inflation, while not lowering rates could lead to a hard landing for the economy.
What's worse is that his term ends in May 2026. If he eases and lowers interest rates now, and inflation rebounds, he could become the "worst Federal Reserve Chair in history";
But if interest rates are persistently raised, when the wave of business closures comes, voters will blame him for "killing jobs".
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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