US Treasury Secretary Scott Bessent warned against further monetary policy tightening by the Federal Reserve, expressing confidence that inflation will decline sharply next month. Speaking on Fox News, Bessent stated that both President Trump and he believe Fed Chair Warsh will fulfill the duties of the dual mandate.
The remarks signal continued pressure from the Trump administration on the central bank to ease its restrictive stance amid evolving economic conditions.
US Treasury Secretary Bessent Warns Fed Against Further Monetary Tightening
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