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Bessent: U.S. faces broader recession risk without more Fed cuts
axios.com/2025/11/02/recession-bessent-fed-interest-rates
Some portions of the economy are already in a recession, and others could fall into one without more interest rate cuts, Treasury Secretary Scott Bessent said on CNN Sunday.
Why it matters: For as much as the economy is actually growing — close to 4% by some estimates — the administration…
This story appeared on axios.com, 2025-11-02 15:08:14.