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Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait

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

1 report1 sourceApr 14, 2026, 4:03 PM
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CNBCApr 14, 2026, 4:03 PM

Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait

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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