Opinion: Trump may deliberately cause the stock market to fall to prompt the Fed to cut interest rates

Cryptocurrency commentator Anthony Pompliano suggested in a social media post that the Trump administration may be intentionally creating stock market uncertainty to pressure Federal Reserve Chairman Powell to lower interest rates. Pompliano pointed out that this strategy may aim to reduce the difficulty of refinancing about $7 trillion in debt in the coming months. He said, "Trump and Treasury Secretary Scott Bessent are taking action, they are causing asset prices to fall, trying to force Powell to cut rates." At the end of January this year, despite Trump's call for rate cuts, Powell announced that the Fed would maintain the target range of 4.25% to 4.5% for interest rates. Pompliano believes that recent market panic is partly due to Trump's tariff policy, which is being used to create a more favorable bond market environment while lowering the yield on 10-year US Treasury bonds. He noted that the 10-year bond yield has dropped from nearly 4.8% in January to the current 4.21%, indicating that Trump's so-called strategy is "moving in the right direction."