TechFlow News, April 14: U.S. Treasury Secretary Bessent stated that the Federal Reserve could observe for a period before cutting interest rates, emphasizing that rate cuts are indeed necessary. The Fed should wait until Wach is in place before acting and expressed strong confidence that core inflation will continue to decline. Bessent also noted that the 10% tariffs stipulated under Section 122 have already been implemented; however, President Trump has not yet decided whether to raise this rate to 15%. (Jinshi)
Add to Favorites
Share to Social Media
