#Write2Earn U.S. Treasury: pressure on Powell, rates, tariffs, and sanctions — key signals

🗣 The U.S. Secretary of the Treasury made a series of tough statements amid tariff pressure, low inflation, and rumors surrounding Fed Chair Jerome Powell.

📌 On Powell and the Fed:
— Powell's term expires in May 2026
— The next appointment to the Fed is in January
— The Secretary refrained from commenting on a possible resignation
— In the evening — a meeting with the Fed leadership
— "If inflation is really low — it makes sense to lower the rate"

📌 On tariffs and trade:
— "A last-minute change in tariff policy will intensify pressure on the economy"
— The U.S. aims for profitable deals, not interference in the politics of other countries
— Europe hesitated for a long time, but is now "involved"
— "A quality deal is more important than the August 1 deadline"

📌 On sanctions and geopolitics:
— 80–90 senators are ready to support the sanctions bill against Russia
— China continues to trade with Russia and Iran
— Possible negotiations with China on trade with the Russian Federation
— "If the U.S. imposes secondary sanctions, Europe should join"

📌 Separately:
— "AI technologies will open a window for productivity growth in the U.S. economy"

❗️Formally — a restrained briefing, but between the lines it reads:
— The White House is pressuring the Fed, but is not yet ready for an open resignation of Powell
— Inflation is slowing down, but the trade war and geopolitics could change everything
— China and Europe — key pressure points in the coming weeks

@Huma Finance 🟣