US Treasury Secretary Scott Besant said the Federal Reserve, even under Kevin Warsh, is unlikely to accelerate balance sheet reduction, citing the need for caution and highlighting recent gold market volatility driven by China.
#YonhapInfomax #FederalReserve #KevinWarsh #BalanceSheet #GoldMarket #ScottBesant #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104434
US Treasury Secretary - 'Kevin Warsh Unlikely to Accelerate Fed Balance Sheet Reduction'
US Treasury Secretary Scott Besant said the Federal Reserve, even under Kevin Warsh, is unlikely to accelerate balance sheet reduction, citing the need for caution and highlighting recent gold market volatility driven by China.
US Treasury Secretary Scott Besant told Congress that any lawsuit against Fed Chair nominee Kevin Warsh over interest rate policy would be up to President Trump, while voicing support for Trump's credit card rate cap and opposing zero tariffs on Canadian goods.
#YonhapInfomax #FederalReserve #ScottBesant #InterestRates #DonaldTrump #KevinWarsh #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104172
US Treasury Secretary on 'Lawsuit if Warsh Doesn't Cut Rates?' Question - 'It's Up to the President'
US Treasury Secretary Scott Besant told Congress that any lawsuit against Fed Chair nominee Kevin Warsh over interest rate policy would be up to President Trump, while voicing support for Trump's credit card rate cap and opposing zero tariffs on Canadian goods.
US Treasury Secretary Scott Besant criticized the Federal Reserve for losing public trust amid the highest inflation in 49 years, stressing the need for both independence and accountability, while highlighting record foreign capital inflows and supporting a strong dollar policy.
#YonhapInfomax #FederalReserve #ScottBesant #Inflation #ForeignCapital #StrongDollar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104027
US Treasury Secretary Says 'Fed Has Lost Public Trust' (Comprehensive)
US Treasury Secretary Scott Besant criticized the Federal Reserve for losing public trust amid the highest inflation in 49 years, stressing the need for both independence and accountability, while highlighting record foreign capital inflows and supporting a strong dollar policy.
US Treasury Secretary - 'Core CPI Could Fall Below 1%—2026 Set to Be an Excellent Year'
US Treasury Secretary Scott Besant signaled that core CPI could drop below 1% amid falling inflation and robust economic growth, projecting 2026 as a strong year for the US economy.
US long-term Treasury yields surged as Danish pension funds sold US bonds and Japan's fiscal concerns rattled markets, prompting US and Japanese finance chiefs to intervene and calm fears of capital weaponization.
#YonhapInfomax #USTreasury #LongTermYields #DanishPensionFunds #JGB #ScottBesant #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101169
[New York Bond Market]Long-Dated Treasuries Hit Hard as US-Japan Finance Chiefs Move to Calm 'Weaponization of Capital' Fears
US long-term Treasury yields surged as Danish pension funds sold US bonds and Japan's fiscal concerns rattled markets, prompting US and Japanese finance chiefs to intervene and calm fears of capital weaponization.
US Treasury Secretary Scott Besant defended new tariffs on eight European nations, citing national security concerns and President Trump's strategic approach to avoid military conflict over Greenland.
#YonhapInfomax #USTreasury #ScottBesant #Tariffs #Greenland #NationalSecurity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100391
US Treasury Secretary Defends Tariffs on Eight European Nations—'A Measure to Prevent National Emergency'
US Treasury Secretary Scott Besant defended new tariffs on eight European nations, citing national security concerns and President Trump's strategic approach to avoid military conflict over Greenland.
U.S. Treasury Secretary Scott Besant’s rare remarks on the won’s sharp depreciation have fueled expectations of stronger intervention by South Korea’s FX authorities, as the USD/KRW rate tumbled and policymakers in Seoul and Tokyo signal heightened vigilance against excessive currency volatility.
#YonhapInfomax #ScottBesant #USDKRW #FXIntervention #BankOfKorea #CurrencyVolatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100004
Besant’s Intervention and ‘Warnings Disguised as Cooperation’—Will South Korea’s FX Authorities Step Up Market Action?
U.S. Treasury Secretary Scott Besant’s rare remarks on the won’s sharp depreciation have fueled expectations of stronger intervention by South Korea’s FX authorities, as the USD/KRW rate tumbled and policymakers in Seoul and Tokyo signal heightened vigilance against excessive currency volatility.
US Treasury Secretary Scott Besant said President Trump will select the next Fed Chair in January, with four candidates under consideration, and reiterated calls for rate cuts as the US deficit improves.
#YonhapInfomax #FederalReserve #ScottBesant #DonaldTrump #InterestRates #USFiscalDeficit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99039
US Treasury Secretary - Trump to Decide Next Fed Chair in January—Four Candidates Under Consideration
US Treasury Secretary Scott Besant said President Trump will select the next Fed Chair in January, with four candidates under consideration, and reiterated calls for rate cuts as the US deficit improves.
US Treasury Renews Call for Rate Cuts – 'The Only Missing Ingredient for Stronger Growth'
US Treasury Secretary Scott Besant reiterated his call for Federal Reserve rate cuts, calling it the sole missing factor for stronger economic growth and urging swift action.
US Treasury Secretary Scott Besant signals potential abolition of the Fed's dot plot and possible review of its inflation target, highlighting ongoing internal discussions as the White House prepares to nominate the next Fed chair.
#YonhapInfomax #FederalReserve #DotPlot #InflationTarget #ScottBesant #WhiteHouseNomination #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96811
US Treasury Secretary Hints at Possible Abolition of Fed Dot Plot—'Inflation Target May Also Be Reviewed'
US Treasury Secretary Scott Besant signals potential abolition of the Fed's dot plot and possible review of its inflation target, highlighting ongoing internal discussions as the White House prepares to nominate the next Fed chair.
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