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14:37
Bessent calls on the Federal Reserve again, strongly advocating for rate cuts to support Trump’s new policies
According to Odaily, U.S. Treasury Secretary Bessent has called on the Federal Reserve to continue cutting interest rates, further pressuring U.S. monetary policymakers. Bessent stated that lower interest rates are "the only missing factor for achieving stronger economic growth, which is why the Federal Reserve should not delay." In her speech, Bessent also said that 2026 will witness the "return" of Trump's "America First agenda." According to CNBC, the Treasury Secretary said that Trump, through last year's tax cut legislation, trade agreements, and deregulation agenda, "laid the foundation for strong economic growth." Bessent has been leading the government's candidate selection process to succeed Powell as chair after his term expires in May. The Treasury Secretary has repeatedly echoed Trump's calls for lower interest rates. (Golden Ten Data)
14:36
Bridgewater Renews Call to Fed, Urges Rate Cut to Support Trump's New Policies
BlockBeats News, January 8th. According to CNBC, U.S. Treasury Secretary Yellen has called on the Federal Reserve to continue cutting interest rates, further pressuring U.S. monetary policymakers. Yellen stated that lower rates are "the only missing ingredient for achieving stronger economic growth, which is why the Fed should not delay." Yellen also said in her speech that 2026 will witness the "payoff" of Trump's "America First agenda." According to CNBC, the Treasury Secretary mentioned that Trump, through last year's tax cut legislation, trade agreements, and deregulatory agenda, "has laid the groundwork for robust economic growth." Yellen has been leading the government's selection process for candidates to succeed as Chair after Powell's term expires in May. The Treasury Secretary has repeatedly echoed Trump's calls for rate cuts. (FX678)
14:32
In 2025, gold prices hit record highs 53 times, with unprecedented capital inflows into ETFs
According to Odaily, the World Gold Council stated that as gold prices hit record highs 53 times in 2025, global investors have injected unprecedented funds into gold ETFs. North American funds contributed the majority of global inflows in 2025. Meanwhile, gold holdings in Asia nearly doubled, and Europe also showed significant demand. The surge in global investor enthusiasm is mainly driven by the following factors: ① Gold's appeal as a safe-haven asset has increased amid intensifying global trade disputes, escalating geopolitical tensions, and financial market volatility; ② The continuous surge in gold prices has attracted trend-following capital; ③ The decline in US Treasury yields and the weakening of the US dollar. (Golden Ten Data)
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