Finance Minister: Federal Reserve's High Interest Rate Policy "Stifles Economic Growth"

Finance Minister Besant stated that the Federal Reserve is limiting economic growth through high interest rates, citing the latest data from the U.S. Bureau of Labor Statistics showing that employment in 2024 is nearly 1 million jobs lower than initially reported.

Combining this with earlier revised data, he pointed out that the "Biden administration's employment data is overstated" by a total of about 1.5 million jobs.

Besant believes that this data indicates the economy handed over to Trump is weaker than previously thought and supports Trump's view that the Federal Reserve's policies hinder economic growth. The revised data shows that job growth began to slow down before Trump implemented new tariffs.

This article is sponsored by #Bitget ｜ @Bitget_zh

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。