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Fed Should Consider 50 BPS September Rate Cut, Scott Bessent Says

Treasury Secretary Scott Bessent has suggested that the Federal Reserve should consider a larger fee rate cut at its September meeting. Bessent Links Soft Inflation Data to Bigger Fee Rate Cut in September According to a Bloomberg report, Bessent said the central bank ought to be open to a 50 basis-point fee rate cut after

The post Fed Should Consider 50 BPS September Rate Cut, Scott Bessent Says appeared first on CoinGape.

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