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U.S. Treasury Secretary Vincent: Don't worry about the dollar exchange rate, the euro's strength is due to European fiscal expansion

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2025-09-01 20:07:00
Mr. Bescent, the US Treasury secretary, said on Monday that he was not concerned about the dollar's currency position against the euro, noting that the euro should remain strong because of Europe's fiscal expansion. "There is a massive fiscal expansion in Europe, led by Germany," Mr. Bescent said in an interview. "Markets... are working well."
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