News list for "urge the Federal Reserve"
On August 14, US Treasury Secretary Vincent Bescent said he was not asking the Federal Reserve to make a series of interest rate cuts, but only pointed out that the model showed that the "neutral" rate would be about 1.5 percentage points lower than it is now. "I'm not telling the Fed what to do," Mr. Bescent said, referring to remarks the previous day that the Fed "could start a series of rate cuts". "What I'm saying is that to get to a neutral rate, it would take about 150 basis points of rate...
Mr. Bescent, the Treasury secretary, said he was not asking the Fed to make a series of rate cuts, noting only that models suggested the "neutral" rate would be about 1.5 percentage points lower than it is now. "I'm not telling the Fed what to do," Mr. Bescent said, referring to comments the previous day that the Fed "could start a series of rate cuts". "What I'm saying is that to get to a neutral rate, it would take about 150 basis points of rate cuts," Mr. Bescent said on Thursday. "If the exi...
Trump has again urged the Federal Reserve to cut interest rates, many countries have been tense in their trade negotiations with the United States, and the United States and Europe are still wrangling; Putin has ushered in a new ultimatum: a ceasefire must be reached within two weeks! Thailand and Cambodia reached a ceasefire agreement... What major events have happened around the world last night and this morning?
