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US Treasury Secretary Scott Bessent calls for Fed to undertake a ‘series’ of interest rate 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 basis point reduction in September.
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...
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Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview
The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.
Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...
US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...
JPY is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.
USD/JPY declines to near 146.50 as US Treasury Secretary Bessent stated that the BoJ would hike interest rates.
Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...
Treasury Secretary Scott Bessent reportedly said on Wednesday that the Federal Reserve’s benchmark borrowing rates should be at least 150 to 175 basis points lower. In an interview with Bloomberg, ...
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