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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