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Scott Bessent: “The market's pricing in lower. I think it's two cuts for the…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Published | Video Starts at 09:10

Well, Andrew, you know I always say markets live in the future and I think markets may be pricing in that perhaps the President's right, the rates should be lower. You know, I would say that The market's pricing in lower. I think it's two cuts for the rest of the year and then the two year, the overnight and the two year are inverted. So maybe the market's just pricing in the economic flow fundamentals and sure is a different Fed chair is a kind of forward guidance. (09:10–09:21)

CLAIM

Asserts that the market is pricing in two interest rate cuts for the rest of the year.

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