According to reliable sources, on August 14, U.S. Treasury Secretary Basent clarified his previous remarks regarding the Fed's interest rate policy. Basent emphasized that he was not instructing the Fed to take a series of rate cuts, but rather explaining the results of an economic model analysis.

Besant explained: "I did not intend to guide the Fed's decisions." This statement is a further clarification of his remarks the previous day about the Fed "possibly beginning a series of rate cuts."

He further elaborated on his point: "What I mentioned is that, according to the calculations of the economic model, to reach the so-called 'neutral' Intrerest Rate level, it would require a reduction of about 150 basis points. If we agree on the concept of neutral Intrerest Rate, then there is indeed room for a series of rate cuts. But I want to emphasize that this does not equate to my calling for rate cuts; I am merely stating the results of the model's analysis."

Bessent's remarks reflect the delicate relationship between the Treasury and monetary policy makers. While the Treasury can provide economic analysis, the ultimate decision-making power on interest rates still rests with the Fed. This cautious statement also reflects the government's emphasis on maintaining the independence of the central bank.

Market observers believe that Bessent's clarification may be aimed at avoiding being interpreted as improper interference in Fed decision-making. At the same time, this also highlights the challenges faced by decision-makers in balancing inflation control and economic growth in the current economic environment.

As the global economic situation continues to change, the direction of the United States' monetary policy will remain under close scrutiny from all parties. Analysts point out that future decisions by the Fed will need to be more cautious to cope with the complex and changing economic environment.