Bessent says market expects Fed to cut rates this year: 'substantial probability'

foxbusiness.com/economy/bessent-says-market-expects-fed-cut-rates-year-substantial-probability

Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before the end of the year amid concerns about tariffs pushing inflation higher.
Bessent, during an appearance on Fox News' "Special Report…

This story appeared on foxbusiness.com, 2025-08-08 15:42:33.
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