Bessent Faults Powell for Not Signaling 150 bps Fed Rate Cut by Year-End

U.S. Treasury Secretary Scott Bessent has again criticized Jerome Powell over his failure to signal a potential Fed rate cut easing cycle. Bessent believes that the Fed should cut rates by up to 150 basis points (bps), a development that would impact the crypto market. Bessent Criticizes Powell Over Fed Rate Cut The Treasury Secretary stated

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