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 interest rates should be substantially lower than they are now, and he believes there ...

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

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.

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

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

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

U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, ...

Japan’s chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn’t directly asking Japan to hike ...

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

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