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

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

Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...

US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...

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 ...

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...

US Treasury Secretary Scott Bessent stated that interest rates are too high and should be lowered by 150-175 basis points. He ...

In an interview with Bloomberg, Bessent said the interest rates are “too constrictive,” reiterating President Donald Trump’s ...

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