U.S. Treasury Secretary predicts: The Federal Reserve (FED) may cut interest rates by September at the latest.

Gate News bot message, on July 2, U.S. Treasury Secretary Becerra expressed his views on the timing of the Federal Reserve's interest rate cuts. He stated that the fact that tariffs did not prompt the Federal Reserve to lower interest rates is "somewhat puzzling."

When asked whether he believes that Federal Reserve Chairman Powell will lower interest rates before the fall, Bessent responded: "I expect they may act sooner than fall, but they will definitely implement a rate cut by September at the latest."

Source: Jinshi

BOT14.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)