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Add as a preferred source on GoogleBessent Says Future Fed Rate Increases Are Not Automatically Mistakes
The Fed held its benchmark rate steady. UBS has projected two further increases by March 2027.
Treasury Secretary Scott Bessent said a future Federal Reserve rate increase would not automatically be a policy mistake, hours after the central bank kept its benchmark rate unchanged.
The Fed has not announced any additional rate increases. UBS's forecast for two further rate increases through March 2027 calls for moves in December 2026 and March 2027, following the Fed's September increase.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.