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U.S. Treasury Secretary Vincent Bescent reiterated that the Federal Reserve's interest rate cut last September was too large

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2025-02-20 12:10:50
US Treasury Secretary Vincent Bescent reiterated that the Federal Reserve's interest rate cut in September last year was too large. He revealed that he has breakfast with Federal Reserve Chairperson Powell every week and "saw him yesterday", but will not comment on the current policy of the Federal Reserve, only the past.
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