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

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

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and ...

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

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 ...

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

Aug 14 (Reuters) - A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising ...

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

U.S. Treasury Secretary Scott Bessent said interest rates are too restrictive and signaled the Trump administration supports ...

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

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

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – ...