Former US Treasury Secretary: Trump's angry spray of Powell is just to throw the blame, the next Federal Reserve chairperson will still choose "mainstream"
2025-06-21 01:51:18
On June 1st, former US Treasury Secretary Summers pointed out that Trump's frequent attacks on Federal Reserve Chairperson Powell for refusing to cut interest rates are actually setting "scapegoats" for future economic recessions, trying to shift the blame to the Federal Reserve rather than its own policies. Despite Trump's high-profile pressure, Summers predicted that he would eventually nominate a respected "mainstream" person to replace Powell to avoid market turmoil. (Wall Street news)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
David Sacks: The passage of the GENIUS Act is a major victory for the crypto communityNext article：
易理华：相信在牛市趋势中，ETH能跑赢BTC
