U.S. Treasury Advisor: "Fed Should Continue Rate-Cutting Stance"

A U.S. Treasury advisor said the Federal Reserve (Fed) should continue its policy of cutting the policy rate.

On the 7th (local time), according to economic news channel Walter Bloomberg, U.S. Treasury advisor Lavorgna said in recent remarks, "The Fed should continue cutting rates."

Lavorgna emphasized that interest rate policy could have an important impact on future economic trends and reportedly mentioned the need to maintain a monetary easing stance.

His remarks came amid growing market attention on recent U.S. economic indicators and the direction of monetary policy.

Markets are paying attention to how the Fed will adjust the speed and magnitude of future rate cuts, and are watching what impact the Treasury advisor's remarks will have on policy discussions.