The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

U.S. government debt was rallying on Wednesday, pushing yields lower across the board, as traders assessed Treasury Secretary ...

U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the ...

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July ...

U.S. Treasury Secretary Scott Bessent said the new Federal Reserve chair should be someone "who can examine the whole ...

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...