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Bessent Urges Fed to Lower Rates by 150 Basis Points or More

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Bessent Calls for Big Rate Cuts. Futures Markets Aren’t Buying It.

Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...

Akazawa Says Bessent Isn’t Asking Japan to Hike Rates

Japan’s chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn’t directly asking Japan to hike ...

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.
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U.S. Treasury yields drop as soft inflation fuels Fed rate cut bets

The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield ...