Mitsubishi Union Economist: the Fed will reduce interest rates by 2027

On August 3rd, the Mitsubishi Japan Union Bank economist Derek Harpen stated that the Federal Reserve ' s next policy action was probably at a 2027 interest rate decline. On Monday, he stated that as the Trump administration pushed for an agreement with Iran, oil prices were expected to fall, which would create greater policy space for Federal Reserve Chairman Walsh without interest. “I think that the current administration is increasingly concerned about the level of interest rates in the United States and the continued slow-up of interest rates.” He also indicated that the United States and Japan had joined forces to boost the yen and that there were perhaps concerns behind that high rate of return on United States debt。