Viewpoint: Trump may intentionally create a stock market decline to prompt the Federal Reserve to cut interest rates

According to Golden Finance, cryptocurrency commentator Anthony Pompliano suggested in a social media post that the Trump administration may be intentionally creating stock market uncertainty to force Federal Reserve Chairman Powell to lower interest rates. Pompliano pointed out that this strategy may aim to reduce the difficulty of refinancing approximately $7 trillion in US debt in the coming months. He said, "Trump and Treasury Secretary Scott Bessent are taking the initiative, they are triggering asset price declines, trying to force Powell to cut interest rates." At the end of January this year, despite Trump's call for a rate cut, Powell announced that the Federal Reserve would maintain its target interest rate range of 4.25% to 4.5% unchanged. Pompliano believed that the recent market panic was partly due to Trump's tariff policy, which was used to create a more favorable bond market environment and reduce the yield of 10-year US treasury bond bonds. He noted that the yield of the 10-year treasury bond has dropped from nearly 4.8% in January to 4.21% at present, indicating that Trump's so-called strategy is "moving in the right direction".