▪️U.S. Treasury Secretary Scott Pisent calls on the Fed to lower interest rates, noting that the yield on two-year bonds has fallen below the federal interest rate
▪️Pisent says in an interview with Fox Business that this is a sign from the market that investors believe the Fed should lower interest rates
🌹 President Donald Trump has also called for interest rates to be cut several times. We believe Jerome Powell will lower interest rates at the upcoming June meeting, especially since economic data supports a rate cut.
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