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

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 ...

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

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

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

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

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

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

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

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

WASHINGTON (TNND) — Treasury Secretary Scott Bessent is no longer being considered to replace Federal Reserve Chair Jerome ...