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Bessent walks back rate cut remarks

Bloomberg on MSN · 7h

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 pointing out that models suggest a “neutral” rate would be about 1.5 percentage points lower.

Seeking Alpha on MSN · 9h

Bessent walks back rate cut remarks: 'I didn't tell the Fed what to do'

U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, saying his remarks only pointed to models showing the neutral rate about 150 basis points lower.

New York Post on MSN · 1d

Bessent urges Fed to go jumbo, slash rates by half-point next month

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said the central bank’s target rate should be at least 1.5 percentage points lower than it is now.

5hon MSN

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 ...

8hon MSN

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 ...

7h

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 ...

8h

Bessent: 'I didn't tell the Fed what to do.'

Treasury Secretary Scott Bessent on Thursday said his words a day before about rate cuts were just a suggestion for the ...

1hon MSN

Treasury Chief Bessent reverses stance, says U.S. will buy Bitcoin

U.S. Treasury Secretary Scott Bessent has reversed course, saying the government will explore budget-neutral ways to buy ...

2don MSN

Bessent hopes Miran in place at Fed by September, leading to rate cut

U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the ...

8h

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 ...

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