盾博dbg：特朗普难以如愿？美联储激进降息的门槛还很高！

Core Viewpoint - The article discusses the aggressive stance of U.S. Treasury Secretary Scott Bessent on monetary policy, advocating for a significant interest rate cut by the Federal Reserve, suggesting a 50 basis points reduction in September [1][3]. Group 1: Interest Rate Policy - Bessent urges the Federal Reserve to abandon its gradualist approach and implement a bold rate cut, proposing a reduction of at least 1.5 percentage points from the current range of 4.25% to 4.5% [1][3]. - President Trump supports an even more radical position, calling for rates to be lowered to nearly 1%, a level typically associated with severe economic downturns [3]. Group 2: Economic Indicators - Recent inflation reports present a mixed picture, with July's Consumer Price Index (CPI) showing moderate overall increases, which could justify a rate cut [3][4]. - However, there are concerns about accelerating price increases in the service sector, raising questions about whether this is a temporary fluctuation or a sign of a longer-term inflation trend [4]. Group 3: Historical Context and Current Challenges - Historically, the Federal Reserve has adjusted rates in 25 basis point increments to maintain stability, but larger adjustments have occurred under specific circumstances, such as the 50 basis point cut initiated in September of the previous year [4][5]. - The current economic backdrop is different, with rates nearing what officials consider a "neutral level," limiting the scope for aggressive cuts without risking inflation or asset bubbles [5].