Core Viewpoint - The U.S. Treasury Secretary suggests that the Federal Reserve's interest rates have been too high for too long and anticipates a shift towards a loosening cycle [1] Group 1: Federal Reserve Insights - The Treasury Secretary expresses surprise that Fed Chair Powell has not indicated a target for interest rates [1] - There is an expectation for a signal of a 100 to 150 basis point rate cut from Powell [1] - The need to lower rates to at least a neutral level is emphasized, with a belief that inflation will significantly decrease [1] Group 2: Economic Developments in Argentina - The U.S. is collaborating with Argentina to end tax incentives for commodity producers exchanging foreign currency [1] - The U.S. is prepared to purchase Argentine dollar bonds and provide substantial standby credit through a foreign exchange stabilization fund [1] - Negotiations are ongoing with Argentine officials regarding a $20 billion swap line with the Argentine central bank [1]
贝森特:鲍威尔本应发出100至150个基点降息的信号
Sou Hu Cai Jing·2025-09-24 12:34