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US Treasury Secretary Besson: Federal Reserve should consider cutting interest rates by 50 basis points in September

PANews
PANews|Aug 12, 2025 23:29
US Treasury Secretary Besson: The Federal Reserve should consider cutting interest rates by 50 basis points in September. I hope Milan can confirm their seat on the Federal Reserve board in the Senate before the September meeting. Trump is actively recruiting talented individuals for vacant positions at the Federal Reserve, and his attitude is very open. We hope to find someone who can restructure the Federal Reserve. If the data is accurate, the Federal Reserve may cut interest rates in June. The Federal Reserve has fundamental issues.
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Timeline

Sep 11, 22:24Trump Cabinet Nominee Confirmations Enter Fast Track
Sep 11, 21:54The U.S. Senate will vote on the Federal Reserve Board nominee.
Sep 11, 21:45The Senate will vote to approve the deputy cabinet nomination
Sep 11, 21:43The police have confirmed the suspect's identity but have not issued an arrest warrant.
Sep 11, 19:02Bessent meets with Federal Reserve Chair candidate
Sep 11, 18:47Besant plans to expand the list of Federal Reserve Chairmen
Sep 11, 17:55The European Central Bank leans towards keeping interest rates unchanged.
Sep 11, 15:01The Federal Reserve can gradually cut interest rates, but caution must be maintained.
Sep 11, 14:26Nominate Stephen Miran as a member of the Federal Reserve Board
Sep 11, 13:27The Federal Reserve plans to lower interest rates amid rising inflation.

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