US Treasury Secretary Bessent says anytime there is a boom in productivity, there is a boom in employment
Importance
Level 1
- Fed, under Warsh, will be watching to ensure that there is no timing mismatch.
- Can have a very productive relationship with China, competition prevents you from stagnating.
- US-China relationship is in a very comfortable place.
#USD#JAPAN#UNITED KINGDOM#FOREX#FIXED INCOME#EU SESSION#US SESSION#FEDERAL RESERVE#CENTRAL BANK#DXY#GLOBAL NEWS