US Treasury Secretary Bessent repeats hope for the fiscal gap to get below 4% by end of Trump
The Treasury Secretary's aspiration for the fiscal gap to narrow below 4% reflects a positive outlook on fiscal policy and could imply reduced borrowing needs.
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US Treasury Secretary Bessent repeats hope for the fiscal gap to get below 4% by end of Trump
Fed's Bostic says inflation too high for too long; important to keep policy moderately restrictive
US Treasury Secretary Bessent says he continues to believe that Russian President Putin is a war criminal; further Russian sanctions depend on the peace talks
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This optimism may support the USD and affect interest rate expectations, influencing both equities and fixed income markets as investors reassess the growth-inflation balance under the current administration.
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