【US Commerce Secretary Urges Powell to Cut Interest Rates: The US Has to Endure the Highest Rates Among Top Countries, Which Makes No Sense】 US Commerce Secretary Lutnick stated on the X platform that the US is the greatest country in the world, yet has to endure the highest interest rates among all top countries. Our Federal Reserve Chairman seems to be afraid of his own shadow.

What is truly disheartening about Powell's remarks is his claim that tariffs have caused "price increases in some relevant categories, such as personal computers." One would think Powell should know that there are currently no tariffs on personal computers. Tariffs on semiconductors and computers will be announced after the Commerce Department completes its analysis.

These high interest rates make no sense.