Express
US Treasury Secretary: Federal Reserve will definitely cut interest rates by September at the latest
Summary: According to sources, US Treasury Secretary Mnuchin stated that it is 'a bit confusing' that tariffs have not prompted the Federal Reserve to cut interest rates. When asked if he believes Fed Chair Powell will cut rates before the fall, Mnuchin said, 'I think they may act earlier than fall, but they will definitely cut ...
According to sources, US Treasury Secretary Mnuchin stated that it is 'a bit confusing' that tariffs have not prompted the Federal Reserve to cut interest rates. When asked if he believes Fed Chair Powell will cut rates before the fall, Mnuchin said, 'I think they may act earlier than fall, but they will definitely cut rates by September at the latest.'
Last Update:
Tags:
Link: US Treasury Secretary: Federal Reserve will definitely cut interest rates by September at the latest [Copy]
Tags:
Link: US Treasury Secretary: Federal Reserve will definitely cut interest rates by September at the latest [Copy]
