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Fed cut seen near certain after inflation data, Bessent comments
WASHINGTON (Reuters) -The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increased at a moderate pace in July and Treasury Secretary Scott Bessent said he thought an aggressive half-point cut was possible given recent weak employment numbers.
1hon MSN
Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction
President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott Bessent weighs in on the appointment process.
14hon MSN
Treasury Secretary Scott Bessent says Trump considered re-appointing Janet Yellen as Fed chair
President Trump has a “very open mind” about who should replace Federal Reserve Chairman Jerome Powell and he’s even ...
Jim Antle, the magazine’s executive editor, brings to life the pages of the Washington Examiner magazine in the show Inside ...
Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...
Billy Long, who was sworn in just under two months ago, was already the sixth person to hold the job this year. He told NBC ...
The search for the next Fed chair continues to widen, with reports adding new private-industry names to the mix.
After calling India noncooperative in trade talks, Bessent expressed hope that the Trump administration could finalise its ...
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Yellen, 79, led the Federal as chair from February 2014 to February 2018, serving under former President Barack Obama and ...
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