✉news BusinessEconomy first seen 8 h ago, last 8 h ago, peak #26
Bessent Urges Fed to Keep Open Mind on Inflation
Original: Bessent Urges Fed to Keep ‘Open Mind’ on U.S. Inflation Outlook
Treasury Secretary Scott Bessent has called on the Federal Reserve to keep an open mind about the outlook for U.S. inflation, pushing back against a fixed view of where price pressures are heading. The remarks put fresh attention on the central bank's next rate decisions and on the administration's pressure campaign over monetary policy, with markets watching for any sign the Fed will shift its stance.
Why now: Traders and policymakers are focused on the Fed's rate path amid White House pressure over inflation and interest rates.
Evidence
- Bessent Urges Fed to Keep ‘Open Mind’ on U.S. Inflation Outlook · The Spokesman-Review
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