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Bessent Attended a Supreme Court Argument. Now He’s Telling Powell Not to.

Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a case on Fed independence. But Mr. Bessent attended a tariff case.

© Kenny Holston/The New York Times

“If you’re trying not to politicize the Fed, for the Fed chair to be sitting there trying to put his thumb on the scale is a real mistake,” Treasury Secretary Scott Bessent said.
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I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades

The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.

© Eric Lee for The New York Times

An exhibit at a conference held by Nvidia, which makes chips that power artificial intelligence. Surging investment in technology is poised this year to offset the headwinds of rising protectionism.
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