U.S. Treasury Secretary Bessent: Fed Will Cut Rates Further; Oil Price Gains Not Translating to Inflation Expectations

Gate News message, April 15 — U.S. Treasury Secretary Bessent stated that the Federal Reserve will eventually cut interest rates further, while noting that oil price increases have not translated into higher inflation expectations.

Bessent highlighted that market signals show oil prices remain decoupled from inflation expectations, suggesting that current energy costs are not driving broader price pressures in the economy.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments