$ONDO
$NOM
$HBAR
🚨Stop raising rates? Bessent urges the Fed: Learn from Greenspan—let the economy run!🚨
On September 16, the Fed raised rates by 25 bps to 3.75%-4.0%, the first increase since 2023.💥 But Bessent has been singing the opposite tune: in early August he said there was no need for further hikes; by year-end he repeatedly called for accelerating rate cuts, saying that high interest rates have dragged some industries into recession.📉
His logic is straightforward: the Fed should take an “open-minded” approach to interest rates—don’t blindly keep hiking.🤔 Two key supports—AI boosts productivity🤖 and easing regulation cuts costs📉—can allow strong growth to still keep inflation in check, without cooling the economy via rate hikes. He also compares it to the internet boom of the 1990s🌐, suggesting to follow Greenspan’s “let it happen” mindset and tolerate economic expansion.📈
Inflation outlook: core inflation is stable and trending down; energy price increases are only a short-term disruption.⛽️
But the market isn’t buying it: the 10-year U.S. Treasury yield hit the highest level since 2007📊; Fed Chair Waller still emphasizes prioritizing the fight against inflation, implying that rate hikes—or at least sustained tightening—may continue.🦅
Can strong growth really tame inflation, or is the Fed too hawkish? Discuss in the comments👇
#美联储 #贝森特 #加息 #美债
$NOM
$HBAR
🚨Stop raising rates? Bessent urges the Fed: Learn from Greenspan—let the economy run!🚨
On September 16, the Fed raised rates by 25 bps to 3.75%-4.0%, the first increase since 2023.💥 But Bessent has been singing the opposite tune: in early August he said there was no need for further hikes; by year-end he repeatedly called for accelerating rate cuts, saying that high interest rates have dragged some industries into recession.📉
His logic is straightforward: the Fed should take an “open-minded” approach to interest rates—don’t blindly keep hiking.🤔 Two key supports—AI boosts productivity🤖 and easing regulation cuts costs📉—can allow strong growth to still keep inflation in check, without cooling the economy via rate hikes. He also compares it to the internet boom of the 1990s🌐, suggesting to follow Greenspan’s “let it happen” mindset and tolerate economic expansion.📈
Inflation outlook: core inflation is stable and trending down; energy price increases are only a short-term disruption.⛽️
But the market isn’t buying it: the 10-year U.S. Treasury yield hit the highest level since 2007📊; Fed Chair Waller still emphasizes prioritizing the fight against inflation, implying that rate hikes—or at least sustained tightening—may continue.🦅
Can strong growth really tame inflation, or is the Fed too hawkish? Discuss in the comments👇
#美联储 #贝森特 #加息 #美债
