Sunday, March 2, 2025

Inflation should drop to Fed's 2% target quickly: Treasury Secy

Bessent defended Trump's economic plans on CBS News' Face the Nation, saying the president is seeking "a holistic approach that there will be tariffs, there will be cuts deregulation, there will be cheaper energy" over time.

from Economic Times https://ift.tt/DyAQd1t

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...