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Bond market thinks Fed should cut rates, Treasury's Bessent says
The bond market is sending a signal that the Federal Reserve should be cutting interest rates, U.S. Treasury Secretary Scott Bessent said on Thursday, noting that yields on 2-year Treasury notes were lower than central bank's policy rate.
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U.S. Senator Cynthia Lummis denounced regulators, like SEC, for preventing banks from offering crypto, calling the forced ...
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