US Treasury Secretary: The Federal Reserve's Analysis of Tariffs Is "Somewhat Off"

BlockBeats News, on July 23, U.S. Treasury Secretary Bessent commented on the Federal Reserve's interest rate decisions, stating, "I'm not sure what the Fed is considering," and that the Fed's analysis of tariffs is "somewhat off the mark."

Bessent also mentioned that Trump said he would not fire Powell. When speaking about Federal Reserve Chairman Powell, Bessent said, "We are not in a hurry to act."