- Scott Bessent argues that AI productivity gains provide a rationale for the Federal Reserve to ease its monetary policy.
- Scott Bessent intervened to protect US debt demand following a Fed meeting that caused bond market strain.
Critics, including Paul Krugman, questioned the effectiveness of Scott Bessent's efforts to stabilize the bond market following Fed actions.
1 report, 1 independent
Updated Sep 11
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What happened
Critics, including Paul Krugman, questioned the effectiveness of Scott Bessent's efforts to stabilize the bond market following Fed actions.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Scott Bessent
United States Secretary of the Treasury
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FED
business