Tag Archives: HalfPoint

Bessent calls for series of rate cuts US Treasury Secretary Scott Bessent has reiterated his call for a half-point interest rate reduction at the Federal Reserve’s next meeting in September, and called for a series of rate cuts. His comments come after data showed inflation held steady at 2.7% in July. He said the central bank’s benchmark ought to be …

Bessent Hints Fed Should Be Open to a Half-Point Rate Cut  Bloomberg.com Trump says the Fed should cut interest rates. Bessent says this is by how much.  MarketWatch Crypto Price News: ETH, ADA, XRP Surge in U.S. Tuesday Trade  CoinDesk Scaramucci: 50-basis-point cut from Fed possible next month  The Hill Bessent says the Federal Reserve should think about a 0.5% interest rate cut in …