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Bessent’s call for a half-point September rate cut follows soft jobs data and a mild inflation uptick, with crypto poised to ...
President Trump’s removal of Billy Long as head of the IRS after only two months on the job has cast an uncomfortable ...
President Trump has a “very open mind” about who should replace Federal Reserve Chairman Jerome Powell and he’s even ...
There’s a very good chance of a 50 basis point rate cut,” Bessent said Wednesday. “We could go into a series of rate cuts here, starting with a 50 basis point rate cut in September.” ...
India has been “a bit recalcitrant” in ongoing trade negotiations with Washington, US Treasury Secretary Scott Bessent said, even as President Donald Trump imposed steep new tariffs on Indian imports.
Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...
Trade negotiations between India and the U.S. face challenges as tariffs are imposed, with hopes for agreements by October.
Federal Reserve should be open to a larger interest rate cut of 50 basis points (bps) next month. “The real thing now to ...
Treasury Secretary Scott Bessent on Wednesday likened the Trump accounts created by Republicans’ massive new domestic policy ...
Treasury Secretary Scott Bessent’s comments about the safety net program ventured onto the so-called third rail of American ...
Treasury Secretary Scott Bessent opens up about the state of the U.S. economy and negotiations with other nations on 'Special ...
Yellen, 79, led the Federal as chair from February 2014 to February 2018, serving under former President Barack Obama and ...