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https://www.gate.com/announcements/article/45974
On November 24, the highest executive of the United States made a rare visit to the Federal Reserve System. The focus of this visit revolved around monetary policy, particularly the interest rate issue.
After in-depth discussions with the Chairman of the Federal Reserve, the government leader expressed satisfaction with the outcome of the talks, calling it a 'productive dialogue.' He emphasized the importance of lowering the Intrerest Rate, pointing out that if the Intrerest Rate could be reduced by two to three percentage points from its current level, the U.S. economy would save over a trillion dollars in spending.
The leader stated that he will closely monitor the Federal Reserve Committee's future movements in interest rate policy formulation. When asked if he was considering replacing the Federal Reserve Chairman, he acknowledged that this would be a significant decision that requires careful consideration.
At the same time, there are also new developments from the EU. According to reports, the EU has passed a tariff countermeasure plan against the United States, which will undoubtedly bring new variables to the future economic and trade relations between the US and Europe.
The recent high-level visit to the Federal Reserve highlights the current U.S. government's heightened emphasis on monetary policy, and reflects the intention of the United States to actively seek to stimulate economic growth through adjustments to the Intrerest Rate and other means amidst a complex and ever-changing global economic landscape.