The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Key Takeaways Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall. Bessent said in an interview Thursday that Trump’s policies should influence those longer-term borrowing costs to fall. Analysts, however, think that there isn’t much room for long-term borrowing costs to fall in the near future. Treasury Secretary