US Secretary of Commerce urges Powell to cut interest rates: The US has to bear the highest interest rates among top countries, which is meaningless
BlockBeats News: On June 21st, US Secretary of Commerce Lutnik stated on X platform that the United States is the greatest country in the world, but it has to bear the highest interest rates among all first-class countries. Our Federal Reserve Chairman is obviously afraid even of his own shadow. The truly distressing aspect of Powell's remarks is that he claimed that tariffs have led to "price increases for some related categories of products, such as personal computers. Do you think Powell should know that there are no tariffs on personal computers. Not yet. The tariffs on semiconductors and computers will be announced after the Ministry of Commerce completes its analysis. These high interest rates are meaningless.