Topic
Fed Chair Nomination
1 stories related to this topic, newest first.
cnbc.comfinance6 hrs ago
Treasury Secretary Bessent Urges Fed to Delay Rate Cuts as Oil Prices Rise Above $100 Amid Iran Conflict
U.S. Treasury Secretary Scott Bessent stated at the Semafor World Economy conference that the Federal Reserve should wait to lower interest rates due to elevated oil prices from the war in Iran. He noted the economy's strength earlier this year but emphasized monitoring inflation…
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