Bessent says could see series of Fed rate cuts -Bloomberg interview

Aug 13 (Reuters) -

• U.S. TREASURY SECRETARY BESSENT ON FED: THERE'S GOOD CHANCE OF 50 BASIS POINT RATE CUT -BLOOMBERG INTERVIEW

• BESSENT ON FED: THINK WE COULD GO INTO A SERIES OF RATE CUTS

• BESSENT ON FED: RATE CUT WOULD SIGNAL AN ADJUSTMENT

• BESSENT ON FED COMMITTEE: WE'LL SEE WHEN MIRAN CAN GET CONFIRMED -BLOOMBERG TV INTERVIEW

• BESSENT ON FED: WOULD NOT EXPECT MIRAN TO STAY ON PAST OPENING

• BESSENT ON FED: WORKING ON BIG LIST OF COMMITTEE REPLACEMENTS, WILL BE PRIVATE SECTOR NAMES

• BESSENT ON FED CHAIR NAMES: GOING TO CAST WIDE NET, 10-11 PEOPLE

• BESSENT ON FED: NO TIMELINE FOR INTERVIEWS -BLOOMBERG

• BESSENT ON FED: DON'T THINK FED NEEDS TO GET BACK INTO LARGE SCALE ASSET PURCHASE

Source text: https://tinyurl.com/ywh87eed