[Institution: The scenario of Trump pressuring the Federal Reserve to cut interest rates, leading to inflation above 2%, is unlikely to occur] Jin10 Data, June 28 – Gavekal Research stated in a report: 'In 2025, the market is generally concerned that Trump will weaken the independence of U.S. monetary policy, nominate a political puppet as the Federal Reserve Chair, force the Fed to cut interest rates, and cause the inflation rate to remain above the Fed's 2% target.' 'Developments over the past seven months have made this scenario unlikely to occur.' These developments include the appointment of Kevin Warsh to lead the Federal Reserve and the reappointment of 11 out of 12 regional Fed presidents. During the first meeting chaired by Warsh earlier this month, the Federal Reserve emphasized its commitment to price stability, surprising some market participants who had expected the Fed under the new chair to adopt a more dovish stance.