PANews reported on August 13 that U.S. Treasury Secretary Benson said that the Federal Reserve's interest rate policy is too tight and interest rates should be lowered by 150 toPANews reported on August 13 that U.S. Treasury Secretary Benson said that the Federal Reserve's interest rate policy is too tight and interest rates should be lowered by 150 to
U.S. Treasury Secretary Bensont: The Federal Reserve may cut interest rates by 50 basis points in September, and interest rates should be reduced by 150-175 basis points
PANews reported on August 13 that U.S. Treasury Secretary Benson said that the Federal Reserve's interest rate policy is too tight and interest rates should be lowered by 150 to 175 basis points.
He believes a series of rate cuts is likely, possibly starting with a 50 basis point cut in September. Bessant is optimistic about the Fed's September meeting, noting that if the data is accurate, the Fed could cut rates sooner. He also observes that corporate profit margins are returning to normal pre-pandemic levels.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
U.S. Moves Grip on Crypto Regulation Intensifies
The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Share
BitcoinEthereumNews2025/09/18 01:09
Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week
TLDR Bitcoin ETFs recorded their strongest weekly inflows since July, reaching 20,685 BTC. U.S. Bitcoin ETFs contributed nearly 97% of the total inflows last week. The surge in Bitcoin ETF inflows pushed holdings to a new high of 1.32 million BTC. Fidelity’s FBTC product accounted for 36% of the total inflows, marking an 18-month high. [...] The post Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:30
XAG/USD Soars Near $95.00 As Soaring Safe-Haven Demand Meets Middle East Crisis
The post XAG/USD Soars Near $95.00 As Soaring Safe-Haven Demand Meets Middle East Crisis appeared on BitcoinEthereumNews.com. Silver Price Forecast: XAG/USD Soars
Share
BitcoinEthereumNews2026/03/02 09:52