Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

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 ...

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

Deutsche Bank strategists on Tuesday reportedly said in a recent note that Treasury Secretary Scott Bessent’s view that the ...

Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

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

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

Treasury Secretary Scott Bessent reportedly said on Wednesday that the Federal Reserve’s benchmark borrowing rates should be at least 150 to 175 basis points lower. In an interview with Bloomberg, ...

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 says the Federal Reserve should drastically slash rates. Wall Street isn’t so sure.

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