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Benzinga
Benzinga
Business
Piero Cingari

Bessent Wants Aggressive Fed Rate Cuts: 'We Should Be 150-175 Points Lower'

Scott Bessent US Federal Reserve Donald Trump SEC Jerome Powell Vladimir Putin Interest Rates
January,16,,2025,-,Washington,Dc:,The,Senate,Finance,Committee

U.S. Treasury Secretary Scott Bessent said interest rates are too restrictive and signaled the Trump administration supports an aggressive monetary easing cycle beginning as soon as September.

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