【Bessent: Not urging the Federal Reserve to cut interest rates, just citing model results】Golden Finance reports that U.S. Treasury Secretary Bessent stated that he is not asking the Federal Reserve to implement a series of rate cuts, but merely pointing out that models show the 'neutral' interest rate is approximately 1.5 percentage points lower than it is now. Bessent said, 'I did not tell the Federal Reserve what to do.' He was referring to comments made the previous day about the Federal Reserve 'being able to start a series of rate cuts.' Bessent stated on Thursday: 'What I am saying is that to reach a neutral interest rate, a cut of about 150 basis points is needed. If one believes in the existence of a neutral interest rate, I think there is room for a series of cuts, but I am not calling for rate cuts, nor have I done so. I am just saying that the model estimates a neutral interest rate that is about 150 basis points lower than the current level.'