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

BlockBeats News, July 2: U.S. Treasury Secretary Mnuchin said that it is "a bit puzzling" that tariffs have not prompted the Fed to cut interest rates. (When asked if he thought Fed Chair Powell would cut rates before the fall) "I think they may act earlier than the fall, but they will definitely cut rates by September." (FX678)