Bessent suggests Fed should hold off on rate cuts for now

Fed, rates

Treasury Secretary says Fed can wait on rate cuts, even as he keeps pushing for them

Treasury Secretary Scott Bessent told reporters last week that he still wants the Federal Reserve to cut interest rates, but that he understands if policymakers wait for the economic picture to clear up first.

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BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

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Goldman Sachs Pushes Back Fed Rate-Cut Forecast, Citing Higher Inflation

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Bessent suggests Fed should hold off on rate cuts for now amid war uncertainty

Treasury Secretary Scott Bessent on Tuesday signaled he had no objection to the Federal Reserve keeping interest rates on hold for now as officials monitor the fallout from the Iran war, but ...

AOL

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

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 ...

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Fed, rates