Scott Bessent urges the Fed to consider a Fed rate cut in September, citing soft inflation and Trump’s push for faster ...

President Trump has a “very open mind” about who should replace Federal Reserve Chairman Jerome Powell and he’s even ...

Treasury Secretary Scott Bessent suggested that the Federal Reserve ought to be open to a bigger, 50 basis-point cut in the ...

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

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

Bessent’s call for a half-point September rate cut follows soft jobs data and a mild inflation uptick, with crypto poised to ...

Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July ...

Yellen, 79, led the Federal as chair from February 2014 to February 2018, serving under former President Barack Obama and ...

NEW YORK - US Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis ...

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 here, starting with a 50 basis point rate cut in September.” ...

U.S. Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis points (bps) at its next meeting in September, adding the Fed should have reduced the ...