[Bitunix Analyst: Trump's Intervention in the Federal Reserve May Lead to U.S. Economic Stagflation] On November 19, the U.S. monetary system faced political disruption. Trump attempted to dismiss Federal Reserve Governor Cook and appoint economic advisor Milan to the FOMC, aiming to push for aggressive interest rate cuts. Economic models suggest that if monetary policy falls under political control, the U.S. may experience a brief period of prosperity followed by a stagflation cycle characterized by accelerating inflation, rising nominal interest rates, and declining economic growth. Bitunix analysts pointed out that Trump's interference in the interest rate trajectory could undermine the Federal Reserve's independence, pushing the U.S. economy into a 'prosperity first, stagflation later' cycle, posing deeper risks to global capital.