Bessent unmasks Trump's goal for interest rate cuts
Business
President Donald Trump has renewed pressure on the Federal Reserve to lower interest rates after the release of July’s inflation report, underscoring his longstanding demands for looser monetary policy. Knewz.com has learned that while Trump did not specify the scale of the cut he wants, a member of his administration provided insight into his expectations. Bessent reveals Trump's interest rate cut expectations Treasury Secretary Scott Bessent recently said that the administration is
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