Bessent OK with Fed holding off on interest rate cuts at next meeting

Source: The Hill News · Bias: Center

Summary

Treasury Secretary Scott Bessent on Tuesday shared no objections to the Federal Reserve holding off on cutting interest rates at its meeting later this month amid economic turbulence and the Iran war. “I think now that we have to wait and see; we have to wait and see what happens to the economy,” Bessent said…

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Bessent OK with Fed holding off on interest rate cuts at next meeting
The Hill News

Bessent OK with Fed holding off on interest rate cuts at next meeting

Center

Treasury Secretary Scott Bessent on Tuesday shared no objections to the Federal Reserve holding off on cutting interest rates at its meeting later this month amid economic turbulence and the Iran war. “I think now that we have to wait and see; we have to wait and see what happens to the economy,” Bessent said…

Bessent OK with Fed holding off on interest rate cuts at next meeting | ParallaxNews.io