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21mon MSN
US Treasury Secretary Scott Bessent calls for ‘series’ of interest rates cuts by 150-175 bps
US Treasury Secretary Scott Bessent stated that interest rates are too high and should be lowered by 150-175 basis points. He anticipates the Federal Reserve may initiate rate cuts, starting with a 50 ...
38m
Asianet Newsable on MSNScott Bessent Says Interest Rates Should Be 150-175 Basis Points Lower: Report
In an interview with Bloomberg, Bessent said the interest rates are “too constrictive,” reiterating President Donald Trump’s calls for the central bank to cut rates.
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