The impacts of Treasury buybacks are often overstated/sensationalized, but the signal here is that Bessent = Yellen.
*Everyone* who comes into power blinks once they encounter the fiscal train. Doesn't matter what they said before.
FED’S GOOLSBEE: TARIFF IMPACTS ON PRICES ARE MORE LASTING THAN EXPECTED; MORE BAD INFLATION MONTHS WOULD BE UNACCEPTABLE, WHILE THE FED MUST KEEP A CLOSE EYE ON SERVICE-SECTOR INFLATION.
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Forced labor impacts over 27.6 million people worldwide and the number continues to trend upwards, according to the International Labour Organization.
President Trump is tackling modern-day slavery at its source by requiring our trading partners to do what the United States does: enact and enforce import bans to ensure products made through this horrifying practice no longer hold an unfair competitive advantage.
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