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Will the Fed Cut Interest Rates by 50 Basis Points Next Month? Insights from Treasury Secretary Scott Bessent

Will the Fed Cut Interest Rates by 50 Basis Points Next Month? Insights from Treasury Secretary Scott Bessent

BUSINESS - 8/13/2025

Treasury Secretary Scott Bessent hints at a potential 50 basis-point interest rate cut next month, following weaker job growth indicators. What does this mean for the economy?

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