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Bessent Faults Powell for Not Signaling 150 bps Fed Rate Cut by Year-End

U.S. Treasury Secretary Scott Bessent has again criticized Jerome Powell over his failure to signal a potential Fed rate cut easing cycle. Bessent believes that the Fed should cut rates by up to 150 basis points (bps), a development that would impact the crypto market. Bessent Criticizes Powell Over Fed Rate Cut The Treasury Secretary stated

The post Bessent Faults Powell for Not Signaling 150 bps Fed Rate Cut by Year-End appeared first on CoinGape.

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