bessent interest rates

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Fed, Bessent and Rates

Trump says the Fed should cut interest rates but doesn’t say how much. Bessent does.

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July’s inflation report. But the president didn’t say by how much.

Yahoo Finance · 15h

Bessent Urges Fed to Lower Rates by 150 Basis Points or More

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 television interview on Wednesday. Fed policymakers last month kept their benchmark at a target range of 4.

UPI on MSN · 7h

Treasury Secretary Bessent wants the Fed to lower its lending rate

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary Scott Bessent said on Wednesday.

2hon MSN

Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

18m

Scott Bessent says Japan is ‘behind the curve’ on interest rates

US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will probably have to raise interest rates, in a rare swipe by a senior official ...

7hon MSN

Gold futures edge higher on U.S. interest rate cut optimism as Bessent weighs in

Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July ...

17h

Bessent says interest rates should be 150 to 175 basis points lower

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...

22mon MSN

Asian Shares Are Mixed After Days of Gains Driven by Hopes for US Rate Cuts

MANILA, Philippines (AP) — Asian shares were mixed on Thursday after days of gains driven by hopes for lower U.S. interest ...

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