Bessent: Rate Cuts Don't Have To Break The Dollar
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Source: Zero Hedge
Published: 2026-06-25 07:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Economy & Finance, Business & Economy
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Snippet:
With rate-hikes increasingly back 'on the table' fort Fed Chair Warsh's 'regime change' last week, Treasury Secretary Scott Bessent says that cutting interest rates won't necessarily lead to a weaker dollar - arguing that "you can have a strong dollar when rates are being cut" because if the fed is cutting because inflation is falling, while the economy stays strong - capital keeps flowing in and the dollar holds.
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