Scott Bessent Signals Delay in Fed Rate Cuts — Says ‘Wait and See’ on Inflation
Fed Rate Cuts Delayed? Treasury Chief Warns ‘Wait and See’ as Inflation Surges U.S. Treasury Secretary Scott Bessent says the Federal Reserve should take a cautious approach before making any decisions on Fed interest rate cuts. Speaking in an interview reported by Reuters, Bessent emphasized that now is the time to “wait and see” rather…