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Bessent OKs Fed Rate Wait Amid Oil Surge

April 14, 2026·about 3 hours ago·via CNBC
Bessent OKs Fed Rate Wait Amid Oil Surge
Treasury Secretary Bessent now gives the green light for the Federal Reserve to hold off on lowering interest rates as oil prices surge. This shift recognizes the inflationary pressure from skyrocketing energy costs, prioritizing stable prices over premature rate cuts that could fuel more inflation. Smart move - it puts American families first by protecting their wallets from Biden-era energy policies that drove up costs in the first place. Read more about this...

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