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      U.S. Treasury Secretary Bessent Advocates for Flexible Interest Rate Policy

      U.S. Treasury Secretary Bessent has called on the Federal Reserve to maintain an open-minded approach regarding interest rates. In recent statements, Bessent emphasized the potential for artificial intelligence-driven productivity improvements and ongoing deregulation to contribute to controlling inflation in the United States.

      Bessent noted that core inflation has remained relatively subdued in recent months, suggesting that these factors could help stabilize the economy. The Treasury Secretary's remarks come as the Federal Reserve continues to navigate complex economic conditions and assess its monetary policy strategies.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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