U.S. Treasury Secretary: The Federal Reserve will definitely cut interest rates by September at the latest

ChainCatcher news, according to Jinshi, U.S. Treasury Secretary Basent stated that the tariffs have not prompted the Federal Reserve to cut interest rates, which is "a bit confusing."

(When asked if he thinks Federal Reserve Chairman Powell will cut rates before the fall) "I think they might take action earlier than the fall, but they will definitely cut rates by September at the latest."