US Finance Minister Bessent calls for drastic interest rate cuts of up to 170 basis points
Interest cuts: A necessary step in financial policy? According to Scott Bessent, the head of the US Ministry of Finance, interest rate cuts are long overdue. It demands a reduction in interest rates by 150 to 170 basis points. This demand raises questions about the current monetary policy and its effects on the economy. The discussion about interest reductions is not new. Economists and analysts debate regularly ...

US Finance Minister Bessent calls for drastic interest rate cuts of up to 170 basis points
Interest cuts: A necessary step in financial policy?
According to Scott Bessent, the head of the US Ministry of Finance, interest rate cuts are long overdue. It demands a reduction in interest rates by 150 to 170 basis points. This demand raises questions about the current monetary policy and its effects on the economy.
The discussion about interest reductions is not new. Economists and analysts regularly debate the need and possible consequences of such a measure. Besent's statement is a clear indication that he considers the current interest rate policy to be up to date and sees an urgent need for action.
Interest cuts can have various positive effects, including lower credit costs for companies and consumers as well as the stimulation of investments and consumption. These factors help stimulate economic growth. At the same time, however, the inflation rate must also be taken into account, since too low interest rates can favor inflationary tendencies in the long term.
Ultimately, it remains to be seen how the Federal Reserve will react to Besent's claims. The decisions of the FED have far -reaching consequences for the entire economy and can significantly influence the market conditions.