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 ...
Slowing its balance-sheet runoff means the Fed will buy more Treasuries. But don’t look for any big downdraft in yields.
Bessent's take suggests that the "Trump put" may take longer to manifest or require more significant market declines before any action is taken.
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 ...
Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as ...
Investors now price in three 0.25-percentage-points cuts by year’s end as the most likely scenario, which would send the ...
Treasury Secretary Scott Bessent said Thursday that "I am not ... creating a new dilemma for the Federal Reserve as policymakers try to bring inflation down to their 2% target.
Steve Miran, Trump's current chair of the CEA, said: "Holding century bonds is less risky for reserve managers if they have access to swap lines granting them substantial short-term dollar liquidity.
US stock futures fell after a choppy week for the major gauges. The Federal Reserve is in high focus, though the bank is ...