[比推] Former U.S. Treasury Secretary Summers pointed out that Trump’s frequent attacks on Federal Reserve Chairman Powell for refusing to cut interest rates are actually setting up a scapegoat for a future economic downturn, attempting to shift the blame to the Fed rather than his own policies. Although Trump is publicly pressuring, Summers predicts that he will ultimately nominate a respected mainstream figure to replace Powell in order to avoid market turmoil.
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Summers: Trump's criticism of the Federal Reserve's refusal to cut interest rates is looking for a scapegoat for the economic recession.
[比推] Former U.S. Treasury Secretary Summers pointed out that Trump’s frequent attacks on Federal Reserve Chairman Powell for refusing to cut interest rates are actually setting up a scapegoat for a future economic downturn, attempting to shift the blame to the Fed rather than his own policies. Although Trump is publicly pressuring, Summers predicts that he will ultimately nominate a respected mainstream figure to replace Powell in order to avoid market turmoil.