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On the extraordinary day of July 24, the American political arena was once again stirred. Trump personally visited the Federal Reserve, an unprecedented move in the history of American politics and finance. This visit not only highlighted the long-standing policy differences between Trump and Fed Chairman Powell, but also served as an opportunity to launch a systematic challenge to the long-held independence of the Federal Reserve under the guise of a seemingly ordinary 'renovation dispute'.
This rare direct confrontation reflects the political forces' attempt to interfere with monetary policy, raising concerns across various sectors about the independence of the Fed. Trump's actions could have far-reaching effects on the financial markets, and may also alter the interaction patterns between the U.S. government and the central bank.
Analysts point out that behind Trump's recent actions may lie dissatisfaction with the Fed's monetary policy. Recently, the market has been speculating on when the Fed will begin to cut interest rates, and Trump's move will undoubtedly add more variables to this topic.
Regardless, this unprecedented visit has already attracted widespread attention. It is not only a microcosm of the game between politics and finance but may also become an important event that influences the direction of future U.S. economic policy. Next, we will closely monitor the follow-up developments of this event and its potential far-reaching impacts.