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 and Bessent's focus on US10Y instead of fed rate 'the right approach'
U.S. President Donald Trump and his newly appointed Treasury Secretary Scott Bessent's focus on the benchmark 10-year Treasury yield and not the federal funds rate to bring down borrowing costs is the "right approach,
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,
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields.
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, ...
Bank of England cuts key UK interest rate to 4.50% as economy stagnates
The Bank of England has cut its main interest rate for the third time in six months with the British economy struggling to ...
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.
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 ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Josh Hawley, Bernie Sanders propose capping credit card interest rates at 10%
Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to ...
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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.
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 ...