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►Wang Shichun, Observer.com

According to Reuters, The Wall Street Journal, The Washington Post and other media reports on August 11, Republican presidential candidate Trump said on the 8th that the US president should have a say in the Federal Reserve's interest rate decisions and that he would reform the Federal Reserve if elected. Democratic presidential candidate Kamala Harris directly expressed her opposition to interfering with the "independence" of the Federal Reserve. Harris responded on the 11th that Trump's move "will subvert the Federal Reserve's long-standing practice of maintaining political independence" and she "could not agree more" with this position.

In 2018, Trump appointed Federal Reserve Chairman Powell White House official website

"I feel like the president should at least have a say," Trump said at a press conference at Mar-a-Lago in Florida on the 8th local time. "Yes, I feel that strongly. I think, as far as I'm concerned, I've made a lot of money, I've been very successful, and I think in many cases, my intuition is better than that of the Fed members or the chairman."

In his speech, Trump also criticized the current Federal Reserve Chairman Powell for "sometimes too early, sometimes too late" in adjusting interest rates. Trump said: "Well, look, the Federal Reserve is a very interesting thing, it makes a lot of mistakes, and he tends to be a little delayed in things... Powell (adjusting interest rates) is a little too early and a little too late. And, you know, it's largely a gut feeling, I believe it's really a gut feeling. I used to quarrel with him a lot."