Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of ...
Still, his Treasury Secretary Scott Bessent doesn’t appear worried ... appoint an affordability czar in his department. The Federal Reserve aims for 2% inflation; it sees that as a stable ...
The White House's top economic advisor defended controversial tariffs and acknowledged the economy may be starting to roll over as a "natural adjustment" to President Donald Trump's new economic ...
Cramer also pushed back against Treasury Secretary Scott Bessent's claims that corrections are "healthy" and "normal." Bessent, he said, is insinuating that all corrections are the same, when that's ...
President Trump again pressed the Federal Reserve to cut interbank lending ... according to Treasury Secretary Scott Bessent. Bessent said Tuesday that the administration will take into account ...
During the Biden administration, Janet Yellen began shifting to more short-term Treasurys to take pressure off the ...
Bessent's take suggests that the "Trump put" may take longer to manifest or require more significant market declines before any action is taken.
Slowing its balance-sheet runoff means the Fed will buy more Treasuries. But don’t look for any big downdraft in yields.
Investors now price in three 0.25-percentage-points cuts by year’s end as the most likely scenario, which would send the ...
Know what is scary? Inflation. What can cause inflation? More money in the system. But an ample money supply does not have to ...
The actions of U.S. Treasury Secretary Scott Bessent will be key ... bills and reserves permanently, which Federal Reserve officials have also supported, Bessent supposes that bill yields could ...