U.S. Treasury Secretary: The Federal Reserve may cut interest rates before September, Trump pressures for a 3 percentage point cut.

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[Block Rhythm] On July 2, U.S. Treasury Secretary Mnuchin stated on Tuesday night that he believes the Federal Reserve may lower interest rates in September or "earlier," as tariffs imposed by Trump have so far only triggered moderate inflation. "I think the standard is that tariffs do not cause inflation. If they are to follow that standard, I think they might act earlier, but certainly before September," Mnuchin said, "I guess this tariff imbalance syndrome might even occur at the Federal Reserve." Mnuchin made the remarks as Trump increased pressure on the Federal Reserve and Powell, demanding interest rates be cut by as much as 3 percentage points.

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SleepyArbCatvip
· 18h ago
Just really hard against Powell
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rugpull_ptsdvip
· 07-03 10:48
Another capital game
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OnChainArchaeologistvip
· 07-02 16:18
The Federal Reserve (FED) would rather lie flat.
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Anon32942vip
· 07-02 16:15
The market is about to start fluctuating.
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NeverVoteOnDAOvip
· 07-02 16:08
Interest rate cuts are inevitable.
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DeFiChefvip
· 07-02 16:07
There will definitely be action before September.
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Ser_APY_2000vip
· 07-02 16:05
Interest rate cuts are a bull run signal.
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NFTragedyvip
· 07-02 16:03
Inflation is almost over.
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