There’s a very good chance of a 50 basis point rate cut,” Bessent said Wednesday. “We could go into a series of rate cuts ...

US Treasury Secretary Scott Bessent stated that interest rates are too high and should be lowered by 150-175 basis points. He anticipates the Federal Reserve may initiate rate cuts, starting with a 50 ...

Federal Reserve should be open to a larger interest rate cut of 50 basis points (bps) next month. “The real thing now to ...

Bessent’s call for a half-point September rate cut follows soft jobs data and a mild inflation uptick, with crypto poised to ...

United States Treasury Secretary Scott Bessent has said that India has been “a bit recalcitrant” in its trade talks with the ...

Bessent told Fox Business Network's 'Kudlow' he hoped the Trump administration could wrap up its trade negotiations by the ...

After calling India noncooperative in trade talks, Bessent expressed hope that the Trump administration could finalise its ...

U.S. Treasury Secretary Scott Bessent on Tuesday said several large trade agreements were still waiting to be completed, ...

WASHINGTON (Reuters) -- U.S. Treasury Secretary Scott Bessent on Wednesday said an unprecedented deal to give the U.S. government 15% of revenue from sales of some advanced semiconductor chips in ...

WASHINGTON: U.S. Treasury Secretary Scott Bessent on Tuesday said several large trade agreements were still waiting to be ...

WASHINGTON (Kyodo) -- The United States is eyeing high-level trade talks with China "within the next two or three months," ...