Treasury Secretary Scott Bessent is urging the Federal Reserve to slash interest rates by half a point in September, citing easing inflation and a tight labor market. The markets reacted instantly — the Nasdaq and S&P 500 hit new highs. Could this spark a bull run or fuel new inflation risks? Here’s the latest analysis. <br /><br />fed rate cut news, treasury secretary bessent, us interest rate news, stock market rally 2025, nasdaq record high, s&p 500 surge, inflation easing usa, fed september meeting, us economic news, breaking finance news
