Trump Advisor's Proposal Of 'Shadow Fed Chair' Turning Jerome Powell Into A Lame Duck Gets Slammed By Economist Claudia Sahm: 'What Could Possibly Go Wrong? Everything!'
Trump Advisor's Proposal Of 'Shadow Fed Chair' Turning Jerome Powell Into A Lame Duck Gets Slammed By Economist Claudia Sahm: 'What Could Possibly Go Wrong? Everything!'
Renowned economist Claudia Sahm expressed concerns over a proposal by a Trump advisor to establish a "shadow Fed chair," potentially undermining current Federal Reserve Chair Jerome Powell.
著名經濟學家克勞迪婭·薩姆對特朗普顧問提出建立「影子聯儲局主席」的提議表示擔憂,可能削弱現任聯儲局主席傑羅姆·鮑威爾。
What Happened: Sahm's comment came in response to a post by Heather Long, an Economic columnist for The Washington Post, detailing a plan proposed by Scott Bessent, the founder of hedge fund Key Square Group and Trump advisor.
發生了什麼:薩姆的評論是對《華盛頓郵報》經濟專欄作家希瑟·朗的一篇文章做出的回應,文章詳細介紹了由對沖基金Key Square Group創始人、特朗普顧問斯科特·貝森特提出的計劃。
According to Long, if Trump wins the upcoming election, he will nominate a new Fed chair in 2025, a year before Powell's tenure ends in May 2026. The move is aimed at turning Powell into a "lame duck" as markets and CEOs start paying more attention to the "shadow Fed Chair."
根據朗的說法,如果特朗普贏得即將到來的選舉,他將提名一位新的聯儲局主席於2025年,即在鮑威爾任期於2026年5月結束之前的一年。此舉旨在將鮑威爾轉變爲「跛鴨」,使市場和首席執行官開始更關注「影子聯儲局主席」。
Long quoted Bessent stating to Barron's Ideas Editor Matt Peterson, "No one is really going to care what Jerome Powell has to say anymore."
朗援引貝森特對《巴倫週刊》的理念編輯馬特·彼得森表示:「沒有人真的會再關心傑羅姆·鮑威爾說什麼了。」
Why It Matters: The proposal comes amidst Trump's public disapproval of the Federal Reserve's recent decision to cut its benchmark interest rate by half a percentage point. Trump suggested this action could indicate a faltering U.S. economy or be politically motivated.
爲什麼重要:這一提議出現在特朗普公開不滿聯儲局最近降低半個百分點基準利率的背景下。特朗普暗示,這一舉動可能表明美國經濟出現困難,或者是出於政治動機。
Earlier, Trump had assured that he would not seek to displace Powell before the end of his term. This assurance was made amidst his consideration of JPMorgan Chase & Co CEO Jamie Dimon for the Treasury Secretary position if he wins the forthcoming election.
此前,特朗普曾保證不會在任期結束前撤換鮑威爾。這一保證是在他考慮如果他贏得即將到來的選舉,將摩根大通公司CEO傑米·戴蒙提名爲財政部長時作出的。
Trump's proposal of presidential control over the Fed's rate decisions had previously drawn criticism, with Bank of America CEO Brian Moynihan emphasizing the importance of the Federal Reserve's independence.
特朗普有關總統控制聯邦儲備局利率決定的提議先前曾引起批評,美國銀行CEO布萊恩·莫尼漢強調了聯儲局獨立性的重要性。
Image via Shutterstock
圖片來自shutterstock。
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譯文內容由第三人軟體翻譯。