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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 ...
US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...
Japan’s chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn’t directly asking Japan to hike ...
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.
Treasury Secretary Scott Bessent reportedly said on Wednesday that the Federal Reserve’s benchmark borrowing rates should be at least 150 to 175 basis points lower. In an interview with Bloomberg, ...
Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...