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US Treasury Secretary Bessent supports Fed's elimination of forward guidance
US Treasury Secretary Scott Bessent backs eliminating the Fed's forward guidance, calling the Summary of Economic Projections an 'embarrassment' with a poor track record.
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US Treasury Secretary Bessent supports Fed's elimination of forward guidance
US Treasury Secretary Scott Bessent backs eliminating the Fed's forward guidance, calling the Summary of Economic Projections an 'embarrassment' with a poor track record.
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US Treasury Secretary Bessent backs Fed's decision to ditch forward guidance
Treasury Secretary Scott Bessent endorsed the Fed's elimination of forward guidance, signaling more market volatility ahead for crypto and risk assets.