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Bessent Urges Fed to Accelerate Rate Cuts as Inflation Cools, Housing Market Struggles

Bessent Urges Fed to Accelerate Rate Cuts as Inflation Cools, Housing Market Struggles

Author:

Global Cryptocurrency

Published:

2025-11-03 00:06:01

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BTCCSquare news:

U.S. Treasury Secretary Scott Bessent called for faster Federal Reserve rate cuts, citing easing inflation and recessionary pressures in key economic sectors. The housing market faces particular strain, with high mortgage rates freezing home sales and disproportionately impacting low-income households.

Bond markets signal impending policy shifts, as two-year Treasury yields dip below the Fed benchmark rate. Cooling inflation provides central bankers with greater flexibility to address economic vulnerabilities before contagion spreads to construction, retail, and related industries.

By:

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