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TechFlow, August 14 — According to Jinshi Data, U.S. Treasury Secretary Bessent stated that there is no call for the Federal Reserve to cut interest rates down to 1.5%. Rate cuts could start with 25 basis points and accelerate, and he believes there is room for a series of rate cuts.
According to Jinshi Data, U.S. Treasury Secretary Bessent stated that there is no call for the Federal Reserve to cut interest rates down to 1.5%. Rate cuts could start with 25 basis points and accelerate, and he believes there is room for a series of rate cuts.
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