Two consecutive days of pressure on Trump to urge Federal Reserve Chairman Powell to cut interest rates

According to Golden Finance, US President Trump posted on the social media platform "Real Social" urging Federal Reserve Chairman Powell to cut interest rates once again. The day before, on the 9th, Trump posted on social media platforms criticizing the current interest rate policy of the Federal Reserve, stating that the interest rates set by the Fed are at least 3 percentage points higher, and each percentage point of interest rates causes $360 billion in refinancing costs to the United States annually. According to Consumer News and Business Channel, Trump is considering appointing a "shadow chairman" for the Federal Reserve before Chairman Powell leaves office next year to pressure the Fed to cut interest rates. (CCTV News)