News

Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models

US Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

Bessent outlines the qualities he's looking for as he vets Trump's Fed shortlist

Treasury Secretary Scott Bessent shares what characteristics he is looking for as he interviews candidates to succeed ...

Bessent outlines Trump administration plans for tariffs, housing crisis and Fed chairman selection

U.S. Treasury Secretary Scott Bessent, in a wide-ranging interview on 'Mornings with Maria,' weighs in on President Donald Trump's meeting with Vladimir Putin, updates U.S.-China trade talks and ...

Market Voices: Bessent clarifies Fed comments, pharma tariffs, Target

Treasury Secretary Scott Bessent clarified on Thursday that he wasn't pushing the Federal Reserve to cut interest rates by 1.5% but rather suggesting that such a decrease would bring rates down to a ...

PPI report casts doubt on Bessent’s call for 50-basis-point Fed cut in September: ING

The producer-price index report released Thursday challenged Treasury Secretary Scott Bessent’s push for a 50-basis-point ...

Ex-Fed's Bullard says he's talked with Bessent about Fed chair job

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

Inflation shocker blows apart expectations for huge Fed rate cuts

A hotter-than-expected spike in wholesale inflation is throwing buckets of ice water on the frothy expectation of a big, beautiful Federal Reserve interest rate cut next month. Treasury Secretary ...