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People constantly ask who has more power over interest rates, Treasury Secretary Scott Bessent or Federal Reserve Chairman Kevin Warsh. Warsh certainly has the more visible lever because the Federal Reserve controls the federal funds target and can influence short-term liquidity throughout the banking system. Bessent, however, sits at the […] The post Who Really Controls Interest Rates? appeared first on Activist Post.
Source: https://activistpost.com/who-really-controls-interest-rates/
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