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

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed US inflation increasing at a moderate pace in July and Treasury Secretary Scott Bessent said he ...

U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, ...

Revised US jobs data revealed sharper labour market weakness than previously thought, strengthening the case for policy ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

Bessent mentions that there are 10 or 11 candidates under consideration to succeed Chair Jerome Powell when his term as chair ...

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

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 basis points below current levels.

The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent said in an interview on ...

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...

Treasury Secretary Scott Bessent said the Federal Reserve should keep the door open to a larger, 50 basis-point rate cut next ...