Here’s the other reason Scott Bessent wants lower interest rates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2025
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Source: MarketWatch
Interest Rate Strategy: U.S. Treasury Secretary Scott Bessent is urged to lower interest rates to reduce the cost of foreign-exchange hedging and attract international investors by protecting their dollar-based asset returns from currency depreciation.
Expertise in Currency Trading: Fund manager Michael McNair highlights Bessent's background as a former currency trader, suggesting his experience positions him well to address the decline of the dollar and respond to White House pressure on the Federal Reserve for rate cuts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
