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Bessent suggests that Fed should be open to half-point cut (updated)

U.S. Treasury Scott Bessent believes a bigger rate cut is warranted than the Fed's standard 25-basis-point increment, due to ...

Bitcoin Price Forecast: BTC hovers around $120,000 resistance, catching up with Gold in YTD returns

If BTC closes above the $120,000 psychological level on a daily basis, it could extend the rally toward its record high of ...
The Financial Express33m

US Treasury Secretary Scott Bessent says interest rates are ‘too constrictive,’ should be lowered by 150-175 bps

There’s a very good chance of a 50 basis point rate cut,” Bessent said Wednesday. “We could go into a series of rate cuts ...

Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'

A key official in the Trump administration's economic team touted the July CPI inflation report as evidence that ...
Asianet Newsable on MSN15m

Scott Bessent Says Interest Rates Should Be 150-175 Basis Points Lower: Report

In an interview with Bloomberg, Bessent said the interest rates are “too constrictive,” reiterating President Donald Trump’s ...