US Treasury Secretary Bessant: The Federal Reserve can observe the situation for a period of time before cutting interest rates.

CoinFeed reported on April 14 that U.S. Treasury Secretary Bessant stated that the Federal Reserve could observe the situation for a period of time before cutting interest rates; the key point is that they actually need to cut rates. We have already implemented the 10% tariff stipulated in Section 122; the president has not yet decided to raise that rate to 15%. (When asked about the International Monetary Fund's downward revision of its global economic growth forecast) Bessant said he was less concerned about short-term forecasts and more focused on long-term security.