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Fed, Scott Bessent and Imagination

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 on the central bank to be more open going forward in their approach toward policymaking.
Treasury Secretary Scott Bessent: Expect an announcement on the next Fed chair by end of year
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the state of U.S. trade negotiations amid the looming August 1st tariff deadline, details of the U.S.-South Korea trade deal, takeaways from U.
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 the Trump administration, but urged the central bank to be more open in its policymaking approach.
Bessent backs Fed independence on rates amid Trump criticism
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the crossfire between President Trump and The Wall Street Journal. Bessent said
Fed holds interest rates steady, but cut expected soon
The Fed issued its latest interest rate decision after a months-long stretch of data has established the key conditions for a rate cut: falling inflation and slowing job gains. St
Reduced Fed Rate Cut Expectations Bolster the Dollar
The dollar index (DXY00) on Thursday rose by +0.14% and posted a fresh 2-month high. The dollar found support from Thursday’s US economic news that showed a resilient labor market with sticky price pressures and labor costs,
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...
Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
Independent Journal Review9d
Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...
US Treasury's Bessent calls for review of Fed non-monetary policy operations
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...
Scott Bessent Floats When Trump Might Name Powell’s Replacement
Treasury Secretary Scott Bessent said Wednesday on Fox News’ “The Ingraham Angle” that the Trump administration will announce ...
Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...
Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'
Tariffs won't fuel inflation, Treasury Secretary Scott Bessent said on Wednesday in a broadcast interview, adding that he ...
Banking Dive10d
Bessent eyes review of Fed amid Trump dust-up with Powell
The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...
Trump slams Powell as 'moron' and calls for Fed's board to take control of policy moves
President Donald Trump attacked Federal Reserve Chair Jerome Powell on Truth Social, urging the Fed's Board to assume control if Powell refuses demanding immediate interest rate cuts.