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Jerome Powell · United StatesTreasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the Trump administration’s pressure campaign on the Federal Reserve. Bessent called for a half-point reduction in September at the next meeting of the Fed’s interest rate-setting committee, starting a series of cuts that would lower rates substantially below t…See the Story
Bessent Calls for Steep Interest Rate Cuts
50% Right coverage: 10 sources

Donald TrumpU.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG , according to separate statements from the companies and Reuters calculations.Read MoreThe post Rumble considers near $1.2 billion offer for German AI cloud group Northern Data first appeared on The Who Dat Daily.See the Story
Rumble Considers Near $1.2 Billion Offer for German AI Cloud Group Northern Data
62% Center coverage: 8 sources