According to Odaily Planet Daily, Federal Reserve Chair candidate Summerlin has stated that aggressive rate cuts are appropriate. The current yield structure, coupled with a weak labor market and stable inflation, warrants a 50 basis point rate cut...without causing any disruptions. Currently, there is a wide range of candidates to succeed current Federal Reserve Chairman Powell, and Summerlin's stance on interest rates is at least aligned with Trump's. The current US president has repeatedly pushed for loose Fed policy, advocating for rate cuts of up to 3 percentage points, but the Federal Open Market Committee (FOMC) led by Powell has maintained the benchmark interest rate unchanged since its last rate cut in December 2024. (Jinshi)