US Treasury Sec. Bessent: Doesn’t know if Putin will conform to ceasefire.

• Doesn’t know if there might be a stop hearth settlement with Putin
• New arms agreements are doable. (Putin refered to this earlier at the moment)
• Doesn’t inform the Fed what to do
• Perhaps the Fed begins with a 25 foundation level reduce and accelerates.
• Says there’s room for a collection of cuts
• ON Fed chair job, want somebody who’s going to rationalize it

This text was written by Emma Wang at investinglive.com.