According to CoinWorld, ME News reports that on January 12 (UTC+8), Saul Eslake, former Chief Economist at Bank of America Merrill Lynch Australia, stated that the Trump administration's ongoing attacks on the Federal Reserve's independence are one of the reasons for the decline in short-term interest rates while long-term bond yields are on the rise. Recent attacks on Powell will continue to impact global long-term interest rates, and Australia will also be affected — this means the country's debt repayment burden may face further upward pressure.
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According to CoinWorld, ME News reports that on January 12 (UTC+8), Saul Eslake, former Chief Economist at Bank of America Merrill Lynch Australia, stated that the Trump administration's ongoing attacks on the Federal Reserve's independence are one of the reasons for the decline in short-term interest rates while long-term bond yields are on the rise. Recent attacks on Powell will continue to impact global long-term interest rates, and Australia will also be affected — this means the country's debt repayment burden may face further upward pressure.