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Bessent: Rates still above neutral and we should not be in restrictive mode
US Treasury Secretary Bessent: Interest rates are still substantially above neutral, and we should not be in restrictive mode, models suggest 2.5% to 3.25% for the Fed rate.
— FinancialJuice (@financialjuice) January 8, 2026
Added at 12:22pm
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BESSENT: WE ARE LOOKING AT A SMALLER FISCAL DEFICIT THIS YEAR, BETWEEN $300 BILLION AND $500 BILLION
— *Walter Bloomberg (@DeItaone) January 8, 2026
Added at 12:22pm
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BESSENT: OUR ABILITY TO CONTINUE COLLECTINJG TARIFFS AT THE SAME LEVELS IS NOT IN DOUBT
— *Walter Bloomberg (@DeItaone) January 8, 2026
Added at 12:27pm
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BESSENT: I THINK TRUMP WILL DECIDE ON FED CHAIR IN JANUARY
— *Walter Bloomberg (@DeItaone) January 8, 2026
Added at 12:28pm
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US Treasury Secretary Bessent: Rick Rieder has not been interviewed yet for the Fed chair job.
— FinancialJuice (@financialjuice) January 8, 2026