Bessent: Bond Yields Show There Is Credibility; Leakage From Japan; Japan Needs Get Their Inflation Problem Under Control

US Treasury Secretary Bessent on Fed: I think we could go into a series of rate cuts. US Treasury Secretary Bessent: We should be 150,-175 bps lower on the Fed's rate now. BESSENT ON FED CHAIR NAMES: GOING TO CAST WIDE NET, 10-11 PEOPLE Bessent States That Trump Previously Considered Yellen and John Taylor for Key Positions BESSENT: I CALLED FOR SHADOW FED CHAIR BUT DON'T THINK SO NOW

Will be speaking to European Leaders in a short while. They are great people who want to see a deal done.

The Trump administration is considering 11 candidates to replace Federal Reserve Chairman Jerome Powell when his term expires in May, including three that have not previously been ...