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U.S. cuts July-September borrowing forecast from $847 billion to $740 billion
The US Treasury cut its July-September borrowing forecast to $740 billion, previously expected to be $847 billion; it is expected to borrow $565 billion in the October-December quarter; the Fed's slowdown in quantitative tightening (QT) affects the Treasury's borrowing expectations.
2024-07-29 19:41:43
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