Trump and Bessent simultaneously pressured the Federal Reserve to cut interest rates

Trump criticized the Federal Reserve's spending on building renovations, stating that interest rates should be at 1%, and should be lowered by 3 percentage points or even more. Powell's maintenance of high interest rates is "possibly" for political reasons. U.S. Treasury Secretary Yellen also stated that the Federal Reserve should lower interest rates now. Risk warning and disclaimer: The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investing based on this is at one's own risk