✉news BusinessBanking first seen 5 h ago, last 1 h ago, peak #9
Bessent urges Fed to keep open mind on rates
Original: Bessent urges Fed to keep an open mind on rates, citing AI productivity
US Treasury Secretary Scott Bessent has called on the Federal Reserve to keep an open mind when setting interest rates, arguing that artificial intelligence is boosting productivity in ways that could change the economic outlook. The comments add to ongoing pressure from the Trump administration on the central bank to consider cutting rates as AI-driven gains reshape growth expectations.
Why now: Fresh public pressure on the Fed over rate policy from a senior US official is drawing attention amid rate-cut speculation.
Scott BessentFederal ReserveUS Treasury
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/163540