Odaily Planet Daily News: US Treasury Secretary Yellen calls on the Federal Reserve to continue cutting interest rates, further pressuring US monetary policymakers. Yellen states that lower interest rates are “the only missing element for achieving stronger economic growth, and this is also the reason why the Fed should not delay.” She also mentioned in her speech that 2026 will witness the “return” of Trump’s “America First agenda.” According to CNBC, the Treasury official said that Trump laid the foundation for strong economic growth through last year’s tax cuts, trade agreements, and deregulation agenda. Yellen has been leading the government’s process of selecting a candidate to succeed Powell as Chair after his term ends in May. The Treasury official has repeatedly echoed Trump’s calls for lower interest rates. (Jin10)
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