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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 ...
U.S. Treasury Scott Bessent believes a bigger rate cut is warranted than the Fed's standard 25-basis-point increment, due to ...
A key official in the Trump administration's economic team touted the July CPI inflation report as evidence that ...
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