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US Treasury Secretary: Expects Fed to Not Cut Interest Rates Today, Fed Made Mistake on Inflation Issue with Tariffs

Summary: According to Jinshi News, US Treasury Secretary Mnuchin stated that he hopes to see some imagination from the Federal Reserve. He reiterated that the Fed made a mistake on the inflation issue with tariffs. It is expected that the Fed will not cut interest rates today.

According to Jinshi News, US Treasury Secretary Mnuchin stated that he hopes to see some imagination from the Federal Reserve. He reiterated that the Fed made a mistake on the inflation issue with tariffs. It is expected that the Fed will not cut interest rates today.

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Link: US Treasury Secretary: Expects Fed to Not Cut Interest Rates Today, Fed Made Mistake on Inflation Issue with Tariffs   [Copy]
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