Treasury Secretary Bessent says more Fed rate cuts are 'only ingredient missing' for stronger economy | Crypto Craft

  • Treasury Secretary Bessent says more Fed rate cuts are 'only ingredient missing' for stronger economy

    From cnbc.com

    Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth. In a speech he will deliver before the Economic Club of Minnesota, Bessent backed President Donald Trump’s economic agenda and said easier monetary policy will help pave the way for gains ahead. “Cutting interest rates will have a tangible impact on the lives of every Minnesotan,” he said, according to excerpts obtained from a source in the administration. “It is the only ingredient missing for even stronger economic growth. Which is why the Fed should ... (full story)

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Riziq-Cap
Jan 8, 2026 5:28pm
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The bank vault is empty and he is talking about rate cuts.

This debt based ponzy scheme have run its time due to decades of mismanagement, imagine mismanaging 38.5 trillions...
Trader#06D2
Jan 8, 2026 1:49pm
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I doubt anyone is interested in what Bessent or any other members of the Trump administration have to say about Federal Reserve cuts or anything else. The tragic murder of 37-year-old Renee Good, a mother of three young children who will no longer have her coming home, is too painful for most to care about what Bessent, Trump, or their associates might express or do. I believe the killing of this young woman represents a wrongdoing so severe that it has crossed the line for all decent individuals. Trump deployed ICE to Minneapolis, and he must bear a significant amount of the blame for this tragedy. I think Trump's time is over; it's just a matter of time now. Finally, many people have reached their limit with him. Sadly, it has taken the murder of a mother of three for some individuals to gain clarity.
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