Treasury Secretary Scott Bessent backs a 50bps Fed rate cut in September after weak jobs and soft inflation, boosting crypto sentiment. U.S. Treasury Secretary Scott Bessent has urged the …
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Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness
by SKby SKKey Takeaways Treasury Secretary Scott Bessent urged the Federal Reserve to consider a 50 basis-point rate cut at the September meeting due to weaker job growth data. Jerome Powell is …
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Homepage> News> Business> Professional Cryptocott Bessent Selected as US Treasury Secretary The U.S. Senate has confirmed that President Donald Trump has been selected. South Carolina’s billionaire hedge fund manager moderates …