US Treasury Secretary's call for a 150 basis point rate cut questioned, Deutsche Bank: Significant rate cuts lack model support.

According to the financial news app, the interest rate strategy team of Deutsche Bank has questioned the statements made by US Treasury Secretary Scott Benett regarding the Federal Reserve policy interest rates, believing that his claims lack support from models. Benett publicly stated on August 13 that, according to "any model," the current Federal Reserve policy interest rate should be cut by 150 to 175 basis points. However, despite attracting continuous attention from the market, the specific direction of the related models has not been clear. The strategy team of Deutsche Bank, led by Matthew Raschkin, pointed out in their latest research report that the policy framework in the Federal Reserve's semi-annual monetary policy report does not show a basis for a significant interest rate cut, let alone reaching the magnitude proposed by Benett.