Monday, May 4, 2026
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Treasury Secretary Bessent now says it's OK for the Fed to wait to lower rates amid oil surge

Bessent has previously said the Fed should hasten cutting interest rates, calling reductions "the only ingredient missing" for stronger economic growth.

This article was originally published by CNBC Top News and is republished here under license.

Bessent has previously said the Fed should hasten cutting interest rates, calling reductions “the only ingredient missing” for stronger economic growth.

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