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The US dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.
Seeking Alpha's roundup of statements, announcements and remarks that could impact markets, sectors or individual stocks. Read more here.
I didn’t tell the Fed what to do,” Bessent said Thursday in an interview on Fox Business, referring to his comments a day ...
Adding fuel to traders’ dovish bets was U.S. Treasury Secretary Scott Bessent, who said he believed a more aggressive ...
President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
With pre-tariff inventories rolling off, effective tariff rates climbing higher and companies less willing to absorb higher costs from the duties, the general feeling is that consumers are ...
Scott Bessent, the U.S. Treasury Secretary, called on the Federal Reserve to begin cutting benchmark interest rates in its September decision, as demanded by President Donald J. Trump. Bessent was one ...
Inflation Gauge in Focus as Investors Eye Rate-Cut Clues By Vicky Ge Huang ...
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