logo
welcome
CNBC

CNBC

Business

Business & Economics

Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates

CNBC
Summary
Nutrition label

82% Informative

Bessent indicated that Trump will not be hectoring the Fed to cut, as he did during his first term.

The benchmark the administration is using will be the 10-year Treasury , not the federal funds rate that the central bank controls.

Trump believes that "if we deregulate the economy, if we get this tax bill done.. then rates will take care of themselves".

VR Score

87

Informative language

86

Neutral language

92

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links