U.S. Treasury Secretary Yellen: Markets May Be Pricing in Economic Fundamentals Based on Potential Rate Cuts
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Odaily Planet Daily reports: U.S. Treasury Secretary Bessent stated that the market may be pricing in economic fundamentals based on the possibility of interest rate cuts. The observed foreign exchange fluctuations are not unusual, which could indicate that other currencies are strengthening, and people may expect the euro to appreciate. (Jin10)
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