Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,
Trump Administration Sets Sights On Reducing Long-Term Treasury Yields, Not Fed Rates, Unveils 3-3-3 Plan
Treasury Secretary Scott Bessent emphasized that the Trump administration’s priority is to lower 10-year Treasury yields, not the Fed’s benchmark interest rate. Bessent highlighted the importance of energy supply expansion to curb inflation,
Treasury Secretary Says Trump Is Not 'Calling For The Fed To Lower Rates'
Treasury Secretary Scott Bessent, shown at a confirmation hearing, said President Donald Trump is "not calling for the Fed to lower interest rates." AFP President Donald Trump is focused on 10-year Treasury yields to bring down borrowing costs rather than the Federal Reserve actions on short-term interest rates,
Bessent Is Right About Interest Rates. How He Could Send Them Higher.
But after taking that step forward, Bessent also took two steps back, indicating that he and legislators in Congress may move ...
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
ECB's Centeno hopes key interest rate will drop to 2% sooner, not later
The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is ...
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
India's central bank to cut rates to boost economy as inflation slows
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish economy, with easing price pressures giving policymakers more room to ...
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking ...
Sanders and Hawley introduce bill to cap credit card interest rates at 10%
Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...
BOE Cuts Interest Rates. What That Means for the Dollar.
The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put ...