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Bessent Not Expecting a Fed Rate Cut Today, Urges ‘Imagination’
Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling ...
Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’
The GOP’s “big, beautiful bill,” as the law is called, created a new children’s savings program, Trump Accounts, which can be ...
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Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Fed holds interest rates steady. Will September bring a rate cut? Live updates
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...
Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades
Fed governors Michelle Bowman and Christopher Waller, who have signaled support for easing interest rates in recent weeks, ...
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Scott Bessent Wants A Little ‘Imagination’ From The Fed, Expects No Rate Cuts Today
Treasury Secretary Scott Bessent on Wednesday predicted that the Federal Reserve will not deliver rate cuts being sought by ...
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Bessent says new Trump child savings accounts are ‘back door for privatizing Social Security’
The children's savings program included in President Donald Trump's tax break-and-spending cut law “is a back door for ...
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Divided Fed maintains interest rate hold for July as criticisms build
President Donald Trump, Treasury Secretary Scott Bessent, and two Federal Reserve governors have all raised concerns ...
Fed holds rates steady despite Trump’s calls for lower borrowing costs
In a post on his Truth Social network, Trump hailed the 3 per cent growth figure as “WAY BETTER THAN EXPECTED!” and called on Fed chair Jay Powell to reduce interest rates. Treasury yields and the US ...