Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...

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 ...

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...

US treasury secretary Scott Bessent fuelled US rate cut hopes yesterday as he piled pressure on the Federal Reserve to act.

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

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...

Japan's inflation remains stubbornly high — well above 3% — while the Bank of Japan has kept rates pegged at 0.5% since ...

Treasury Secretary Scott Bessent said there is a high possibility the Federal Reserve will cut interest rates by a larger-than-usual 0.5 percentage point next month. Bessent said the Fed could have ...

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

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