Howard Lutnick calls for Federal Reserve to cut interest rates to promote economic growth

US Commerce Secretary Howard Lutnick stated in an article on X that Federal Reserve Chairman Powell stated during congressional testimony that although tariffs may push up inflation, there has been no related price increase in the past two and a half months, and the overall inflation situation is relatively positive. Lutnick pointed out that the current monthly tariff revenue in the United States exceeds $30 billion, which helps to reduce the deficit. He called on the Federal Reserve to cut interest rates as soon as possible to reduce borrowing costs and promote economic development.