Bessent backs Fed independence on rates amid Trump criticism

US Fed independence under threat, say economists, but no one expects a July rate cut- Reuters poll

By Indradip Ghosh

Bessent backs Fed independence on rates amid Trump criticism

Treasury Secretary Scott Bessent defends Federal Reserve's independence amid Trump's criticism. Bessent emphasizes the importance of preserving Fed's monetary policy independence.

Markets calm although Japan risks to forefront

US dollar extends recent decline. Bessent offers supportive comments for Fed Chair Powell. Global bond yields lower led by 10-year US treasury yields

Trump Demands Immediate Fed Action as Economic Concerns Moun

Trump urges immediate Fed action on interest rate cuts. Concerns rise over the Fed's independence under political pressure. Continue Reading:Trump Demands Immediate Fed Action as Economic Concerns Mount The post Trump Demands Immediate Fed Action as Economic Concerns Mount appeared first on COINTURK...

Trump Urges Fed Rate Cut Amid Political Criticism - Blockchain & Cryptocurrencies Tabloid

Trump advocates for Fed rate reduction due to political reasons, sparking financial debates. The post Trump Urges Fed Rate Cut Amid Political Criticism appeared first on Blockchain & Cryptocurrencies Tabloid.