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CoinVoice has learned that U.S. Treasury Secretary Mnuchin stated on Tuesday night that he believes the Federal Reserve (FED) may cut interest rates in September or "earlier" because, so far, Trump's tariffs have only triggered moderate inflation. "I think the standard is that tariffs do not cause inflation. If they are going to follow that standard, I think they may take action earlier, but certainly before September," Mnuchin said. "I guess this tariff imbalance syndrome may even happen at the Federal Reserve (FED)." As Mnuchin made these comments, Trump intensified pressure on the Federal Reserve (FED) and Powell, calling for a rate cut of up to 3 percentage points.

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