贝森特：若不进一步降息，美国经济衰退范围或将扩大

Economic Outlook - The U.S. Treasury Secretary, Bessent, indicated that certain sectors of the U.S. economy are already in recession, and if the Federal Reserve does not lower interest rates further, the scope of the recession may expand [1][3] - Bessent emphasized that the current obstacle in the real estate market is the mortgage interest rates, suggesting that a reduction in rates by the Federal Reserve could end the recession in the housing sector [1] Government Spending and Inflation - Bessent noted that the Trump administration has reduced government spending, decreasing the fiscal deficit as a percentage of GDP from 6.4% to 5.9%, which should help curb inflation [3] - A study from MIT indicated that 42% of the severe inflation in 2022 was due to excessive government spending, implying that continued spending cuts could lead to lower inflation levels [3] Federal Reserve Actions - On October 29, the Federal Reserve announced a 25 basis point interest rate cut, marking the fifth rate cut since September 2024 [3] - Federal Reserve Chairman Powell mentioned that there are differing views on the policy direction for December, indicating that further rate cuts are not guaranteed [3]