


TechFlame news, July 23. According to Golden Ten Data, Pacific Investment Management Company (PIMCO) economist Tiffany Wilding pointed out in the report that although US President Trump may continue to criticize the Federal Reserve and call for interest rate cuts in the short term, he will not replace current Chairman Powell. Instead, Trump will influence the Federal Reserve's decisions through upcoming appointments, including Governor Kugler's term ending in January, and Powell's term ending in May. Note that Powell's term as trustee will last until January 2028. Wilding stressed that no matter who Trump nominates to take over the presidency, new leaders must put forward compelling monetary policy proposals, get approval from the Senate before seeking majority support from the Federal Open Market Committee
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